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JPMorgan Tokenizes Money Markets
JPMorgan launches tokenized money market fund
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Biden’s Economy
Together with Good Morning, Sam Altman's business dealings are coming under Republican scrutiny, Jensen Huang's CEO pay fell to $36M, Goldman's Japan revenue hits a 15-year high, SpaceX is eyeing global spaceports, and inflation surged to the highest in three years on spiking oil prices. Do consumers really want AI in finance? Plaid conducted a …
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Banks Fight Crypto Legislation
Bankers attempt last ditch effort to kill crypto bill
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The NACHO Trade
Together with Good Morning, The US-Iran ceasefire is on life support, Larry Fink is bullish on Venezuela, Andrew Left's criminal case is headed to trial, Trump snubbed Jensen Huang from a high-profile billionaire delegation to China, and a new 'NACHO Trade' is taking shape on Wall Street. Datasite is hosting a series of short webinars …
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BlackRock Tokenizes Money Markets
BlackRock launches tokenized money-market funds
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Liquor, Ladies, and Leverage
Together with Good Morning, Fortress' co-founder was extorted for $1B by a Chinese situationship, Greenlight's founder wants ladies in 'sexy party clothes' for his hedge fund's 30-year anniversary party, Broadcom is in talks for the biggest private credit deal ever, and US rejected Iran's latest peace offer. On a totally unrelated note, here's a thoughtful …
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Crypto Jobs Flood Wall Street
Wall Street firms post dozens of crypto jobs
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Time to run it back
Together with Good Morning, The stock market rebound is the most concentrated ever, hedge funds had their month since Covid, merger arbitrage funds are avoiding bets on eBay, oil market liquidity is drying up rapidly, UAE is sneaking oil tankers through the Strait of Hormuz, and a new global pandemic is brewing. Transform your sleep …
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Coinbase Jobs Slashed for AI
Coinbase cuts 14% of workforce in AI shift
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Musk Puts Altman on High Alert
Together with Good Morning, DOJ charged 30 elite M&A lawyers for a feeding a massive decade-long insider trading ring, Anthropic partnered with SpaceX to take on OpenAI, Lutnick doesn't remember why he took his family to Epstein island, and the JPMorgan 'sex slave' lawsuit took a new turn. Last year, Blackstone earned $60k in rewards …
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Mamdani Sells Miami
Together with Good Morning, Larry Fink is predicting a futures market for compute, US investment banks are surging past European peers, Jamie Dimon downplayed AI bubble fears, Goldman expanded its management committee to 47, and Ken Griffin torched Mamdani for his 'creepy' antics and anti-success policies. Wharton Online and Wall Street Prep teamed up to …
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World Liberty Sues Justin Sun
Trump-linked World Liberty sues Justin Sun for defamation