Financial Digest

Crypto-friendly BlackRock starts ‘digital-first’ investment offering in India

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

🧐 Probably nothing: A financial arm India’s most-valued company is working with crypto-friendly BlackRock on a “digital-first” investment offering.

Global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the “digital-first offering” in India.a joint investment project with Jio Financial Services , an arm of Indian tycoon Mukesh Ambani’s Reliance Industries — India’s most-valued firm. The companies each plan to invest up to $150 million in the 50:50 joint venture.

The venture will utilize BlackRock’s expertise and talent in investment management, tech access, operations, scale and market intellectual capital, the announcement said. JFS will in turn contribute to local market insights as well as digital infrastructure and execution capabilities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

.BlackRock, on July 26, officially announced a joint investment project with Jio Financial Services (JFS), an arm of Indian tycoon Mukesh Ambani’s Reliance Industries — India’s most-valued firm.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fidelity-backed crypto exchange EDXM expands institutional access with TalosInstitutional-focused crypto exchange EDX Markets is integrating with Talos, a digital asset trading technology provider.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitcoin and ether hold steady after the Fed raises interest rates: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rob Frasca, co-founder and managing partner at COSIMO Ventures, discusses investor appetite for artificial intelligence-based projects that focus on crypto and blockchain technology following the launch of Worldcoin, the OpenAI CEO's crypto project. Frasca also discusses the impact of financial institutions filing for spot bitcoin ETFs on the industry and markets.
Source: CNBC - 🏆 12. / 72 Read more »