Blockchain-Based Alternative Investment Firm to Be Listed on Bloomberg Terminal

Blockchain-Based Alternative Investment Firm to Be Listed on Bloomberg Terminal

Cadence is believed to be the first digital asset to obtain a Financial Instrument Global Identifier, known as FIGI for short. A blockchain-based alternative investment provider that tokenizes commercial debt is being listed on the Bloomberg Terminal, according to a news release published on June 4.Cadence is believed to be the first digital asset to obtain a Financial Instrument Global Identifier (FIGI), enabling professionals who use the Bloomberg Terminal to research its offering and…

Share:
Read more

Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV

Grayscale to Launch Pro-Bitcoin Ads ‘Drop Gold’ on Social Media, Linear TV

American digital asset manager Grayscale Investments introduced its pro-bitcoin advertising initiative “Drop Gold.” New York-based digital asset manager Grayscale Investments has introduced its pro-bitcoin (BTC) advertising initiative “Drop Gold” in a press release on May 1.The Drop Gold campaign is based on the emergence of bitcoin as an alternative to gold investments. In particular, the advertising campaign is promoting bitcoin investment within Grayscale’s publicly traded Bitcoin Investment Trust (BIT), which started trading under the…

Share:
Read more

US Gov’t Blockchain Spending Expected to Increase 1,000% Between 2017-2022: Study

US Gov’t Blockchain Spending Expected to Increase 1,000% Between 2017-2022: Study

The U.S. federal government is expected to raise its blockchain spending to $123.5 million by 2022 — an over 1,000% increase from 2017. The United States federal government is expected to raise its blockchain spending to $123.5 million by 2022 — an over 1,000% increase as compared with the $10.7 million it spent in 2017. The forecast was made in a report from IDC Government Insights, published on April 18.IDC states that blockchain spending…

Share:
Read more