Blockchange Inc Launches Alliance with Equity Trust Company to Deliver Tax-Advantaged Crypto Asset Investing Capabilities for RIA Firms prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
NEWPORT BEACH, Calif., and SAN FRANCISCO, May 25, 2021 /PRNewswire/
Digital Asset Investment Management (DAiM), a Registered Investment Advisor focused on Bitcoin and Digital Assets, is partnering with fintech software platform
Blockchange Inc. to expand its Separately Managed Account (SMA) solution for digital assets. The DAiM SMA dramatically simplifies the path for financial advisors to offer digital assets to clients, combining the simplicity of a trust or fund with the flexibility, tax advantages, and lower cost of owning the underlying digital assets.
DAiM manages the SMA, leveraging Blockchange s
Gemini Trust Co. The institutional-grade solution enables RIAs, Family Offices, Hedge Funds, and other institutions to outsource the management of their client s digital portfolios to DAiM, who have experience and expertise in the asset-class.
BusinessWall Street drops on inflation jitters, led by tech stocks
Medha SinghSruthi Shankar
3 minute read
People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo
Wall Streetâs main indexes fell on Tuesday, led by tech-related stocks, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected.
The outperformers of 2020, Apple (AAPL.O), Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O), Google-parent Alphabet Inc (GOOGL.O) and Tesla Inc (TSLA.O) fell between 0.8% and 2.4%, weighed the most on the S&P 500.
Wall Street drops on inflation jitters, led by tech stocks 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.
Updated / Tuesday, 11 May 2021
16:20
Investors have grown wary of fast price rises, even though the central bank has repeatedly said it views any inflation that occurs to be transitory
Wall Street s main indexes fell today, led by tech-related stocks, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected.
The outperformers of 2020, Apple, Amazon.com, Microsoft Corp, Google-parent Alphabet Inc and Tesla Inc fell between 0.8% and 2.4%, weighed the most on the S&P 500.
The 10-member NYSE FANG+TM index, which includes the FAANG group of stocks alongside Tesla, Alibaba, and Twitter Inc, declined 1%, extending the index s market cap loss of more than $442 billion so far this month.