Fidelity Investments
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Investment Firm Fidelity Reduces Value Of Elon Musk's X By 79%
Global investment firm Fidelity has reduce the value of its holding in Elon Musk-run X (formerly Twitter) by a massive 78.7 per cent, which implies that the X social media platform is likely valued at just $9.4 billion.
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US SEC Approves Ether ETFs, Marks Another Milestone for Crypto Growth
The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.
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Fidelity Expected to File New Spot Bitcoin ETF With US SEC: Report
Asset manager Fidelity is reportedly expected to file with the US SEC for a spot bitcoin exchange-traded fund, joining other big money managers seeking to launch bitcoin ETFs. In the past two weeks, BlackRock, WisdomTree, Invesco, VanEck, and Bitwise have filed new applications with the SEC for spot bitcoin ETFs.
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Fidelity Plans to Expand in NFT and Metaverse Sectors, Trademark Filings Show
Fidelity has planned to expand its presence in the Web3 sectors of NFTs and the metaverse. The company is exploring avenues to launch a service for ‘virtual real estate’ investing, that would help people purchase plots in the metaverse.
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Fidelity Says Will Double Down on Hiring for Crypto Units This Year
Fidelity Investments' digital assets arm says will double down on hiring this year as it looks to beef up its resources to serve clients who want to invest in crypto assets that trade round the clock.
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Robinhood Stocks Rally as FTX Founder Acquires 7.6 Percent Stake in Crypto-Stock Exchange
Robinhood share values have grown between 24-30 percent after FTX founder Sam Bankman-Fried purchased 7.6 percent stakes in the firm. Robinhood, that is excited about expanding its products, teams, and services called this investment “attractive”. Bankman-Fried has no plans of introducing or proposing any changes in Robinhood workings as for no...
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Senator Elizabeth Warren Expresses Concern Over Fidelity’s Bitcoin Pension Plan
In the wake of the launch of a Bitcoin-focused 401(k) account retirement plan in the US by Fidelity Investments, two Senators, Elizabeth Warren of Massachusetts and Tina Smith of Minnesota, have expressed concerns over the company’s latest products. The concerns were contained in a letter to the firm’s Chief Executive Officer, Abigail Johnson.
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Fidelity Becomes First Retirement Plan Provider to Offer Bitcoin as a 401(k) Investment Option
Retirement giant Fidelity has launched a way for workers to put some of their 401(k) savings and contributions directly in Bitcoin, potentially up to 20 percent, all from the account's main menu of investment options.
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Fidelity Launches Its First Bitcoin Exchange-Traded Product in Europe
British Investment firm Fidelity International has introduced its first investment product that tracks Bitcoin in Europe called the Fidelity Physical Bitcoin ETP.
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Tencent’s $150 Million Investment in Reddit Sparks Censorship Worry
Reddit raised a total of $300 million at a $3 billion valuation, with investors including Andreessen Horowitz, Fidelity, Sequoia and Tencent.
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Cuba Looks At Private Property, But Wary Of Ferrari-Driving Communists
In communist Cuba, the right to own private property would be enshrined and foreign investment encouraged - and "guaranteed." Where Fidel Castro reigned as a towering 20th-century figure, power would no longer be concentrated in the hands of one ruler.
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Magic Leap Raises $739.5 Million in Funding Round Led by Alibaba
Magic Leap said money also came from Time Warner's Warner Bros unit and investment arms of Fidelity, J.P. Morgan and Morgan Stanley.
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SpaceX Gets $1 Billion From Google and Fidelity
In addition to a payoff on its investment, Google may be seeking to put itself into orbit.
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Google and Fidelity Invest in Elon Musk's SpaceX
SpaceX says it has raised $1 billion and added Google Inc and Fidelity as investors.
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Financial Planning Gets a Dose of Virtual Reality
Financial planning often involves lots of spreadsheets, pie charts and eyes glazing over - Fidelity Investments aims to change that equation.
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Investment Firm Fidelity Reduces Value Of Elon Musk's X By 79%
Global investment firm Fidelity has reduce the value of its holding in Elon Musk-run X (formerly Twitter) by a massive 78.7 per cent, which implies that the X social media platform is likely valued at just $9.4 billion.
-
US SEC Approves Ether ETFs, Marks Another Milestone for Crypto Growth
The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.
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Fidelity Expected to File New Spot Bitcoin ETF With US SEC: Report
Asset manager Fidelity is reportedly expected to file with the US SEC for a spot bitcoin exchange-traded fund, joining other big money managers seeking to launch bitcoin ETFs. In the past two weeks, BlackRock, WisdomTree, Invesco, VanEck, and Bitwise have filed new applications with the SEC for spot bitcoin ETFs.
-
Fidelity Plans to Expand in NFT and Metaverse Sectors, Trademark Filings Show
Fidelity has planned to expand its presence in the Web3 sectors of NFTs and the metaverse. The company is exploring avenues to launch a service for ‘virtual real estate’ investing, that would help people purchase plots in the metaverse.
-
Fidelity Says Will Double Down on Hiring for Crypto Units This Year
Fidelity Investments' digital assets arm says will double down on hiring this year as it looks to beef up its resources to serve clients who want to invest in crypto assets that trade round the clock.
-
Robinhood Stocks Rally as FTX Founder Acquires 7.6 Percent Stake in Crypto-Stock Exchange
Robinhood share values have grown between 24-30 percent after FTX founder Sam Bankman-Fried purchased 7.6 percent stakes in the firm. Robinhood, that is excited about expanding its products, teams, and services called this investment “attractive”. Bankman-Fried has no plans of introducing or proposing any changes in Robinhood workings as for no...
-
Senator Elizabeth Warren Expresses Concern Over Fidelity’s Bitcoin Pension Plan
In the wake of the launch of a Bitcoin-focused 401(k) account retirement plan in the US by Fidelity Investments, two Senators, Elizabeth Warren of Massachusetts and Tina Smith of Minnesota, have expressed concerns over the company’s latest products. The concerns were contained in a letter to the firm’s Chief Executive Officer, Abigail Johnson.
-
Fidelity Becomes First Retirement Plan Provider to Offer Bitcoin as a 401(k) Investment Option
Retirement giant Fidelity has launched a way for workers to put some of their 401(k) savings and contributions directly in Bitcoin, potentially up to 20 percent, all from the account's main menu of investment options.
-
Fidelity Launches Its First Bitcoin Exchange-Traded Product in Europe
British Investment firm Fidelity International has introduced its first investment product that tracks Bitcoin in Europe called the Fidelity Physical Bitcoin ETP.
-
Tencent’s $150 Million Investment in Reddit Sparks Censorship Worry
Reddit raised a total of $300 million at a $3 billion valuation, with investors including Andreessen Horowitz, Fidelity, Sequoia and Tencent.
-
Cuba Looks At Private Property, But Wary Of Ferrari-Driving Communists
In communist Cuba, the right to own private property would be enshrined and foreign investment encouraged - and "guaranteed." Where Fidel Castro reigned as a towering 20th-century figure, power would no longer be concentrated in the hands of one ruler.
-
Magic Leap Raises $739.5 Million in Funding Round Led by Alibaba
Magic Leap said money also came from Time Warner's Warner Bros unit and investment arms of Fidelity, J.P. Morgan and Morgan Stanley.
-
SpaceX Gets $1 Billion From Google and Fidelity
In addition to a payoff on its investment, Google may be seeking to put itself into orbit.
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Google and Fidelity Invest in Elon Musk's SpaceX
SpaceX says it has raised $1 billion and added Google Inc and Fidelity as investors.
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Financial Planning Gets a Dose of Virtual Reality
Financial planning often involves lots of spreadsheets, pie charts and eyes glazing over - Fidelity Investments aims to change that equation.
