BEIJING: China's $1 trillion sovereign wealth fund is scouting for long-term investment opportunities in the United States, an executive said, after a fund co-established with Goldman Sachs Group Inc raised $2.5 billion, half of the targeted amount.
China s CIC eyes U S investment after fund with Goldman raised $2 5 billion reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Japanese financial group SBI acquires cryptocurrency trading firm B2C2 Anna Irrera ,
By Anna Irrera
LONDON (Reuters) - SBI Financial Services, a subsidiary of Japanese group SBI Holdings Inc, has acquired UK-based cryptocurrency trading firm B2C2 and will become the first major financial group to run a digital asset dealing desk, the companies said on Tuesday.
Financial terms were not disclosed.
Founded in 2015, B2C2 is one of the best-known cryptocurrency trading companies. It helps brokerages, exchanges and fund managers make large trades in virtual coins.
SBI has been allowing its clients to trade through B2C2 s platform since July, when it acquired a minority stake in the crypto firm.
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LONDON (Reuters) - S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Thursday that it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class.
FILE PHOTO: Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than 550 of the top traded coins, the companies said.
S&P’s clients will be able to work with the index provider to create customized indices and other benchmarking tools on cryptocurrencies, S&P and Lukka said in a joint statement.