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Antares Capital has appointed Olga Kosters as managing director, head of credit secondaries, to oversee the expansion of...
30/01/2025

Antares Capital has appointed Olga Kosters as managing director, head of credit secondaries, to oversee the expansion of the firm’s credit secondaries investment strategy.
This strategy focuses on both GP-led and LP-led credit secondaries opportunities leveraging the firm’s private credit and structuring expertise.
Kosters was formerly a managing director at Apollo Global Management, where she co-managed the firm’s credit secondaries business. She previously worked at Tikehau Capital where she established its private debt secondaries strategy.

Antares Capital has appointed Olga Kosters as managing director, head of credit secondaries, to oversee the expansion of the firm’s

Nvidia stock plunged as much as 18% Monday as investors reacted to a new AI model from China. DeepSeek has challenged ma...
28/01/2025

Nvidia stock plunged as much as 18% Monday as investors reacted to a new AI model from China.
DeepSeek has challenged market narratives around AI, valuations, and high spending.
Other stocks tied to the AI trade dropped, including Broadcom, Microsoft, and Alphabet. Shares of chip titan Nvidia plunged on Monday amid the markets' fears over a new artificial intelligence tool from a startup in China. Nvidia stock was down as much as 17.7% Monday morning, trading as low as $117.26. The stock had recovered slightly to trade at $120.56 just before noon ET. Tech stocks were hammered after an unexpected launch by the Chinese artificial intelligence startup DeepSeek spooked investors. The Nasdaq 100 fell about 3% and the S&P 500 was down nearly 2%.

DeepSeek released a model last week that challenged OpenAI's offering in price and capability.CFOTO/Future Publishing via Getty Images Nvidia stock

Blockchain payment company Ripple has announced the acquisition of two additional Money Transmitter Licenses (MTLs) in t...
28/01/2025

Blockchain payment company Ripple has announced the acquisition of two additional Money Transmitter Licenses (MTLs) in the United States, one from New York and another from Texas on Monday.
This brings Ripple’s total to over 55 Money Transmitter Licenses across its payments, custody, and stablecoin operations, underscoring the company’s robust growth in the regulatory landscape.
Ripple Expands Global Reach
According to recent reports, with these new licenses, Ripple is now better positioned to provide its customers with enhanced cross-border payment solutions, enabling the company to manage end-to-end transactions effectively.
Joanie Xie, Managing Director of North America at Ripple, highlighted the increasing interest from financial institutions and crypto businesses eager to leverage the benefits of blockchain technology for faster and more cost-efficient payment processes. She stated:
With years of experience working in both crypto and with financial institutions, Ripple is well-positioned to support companies that are ready to take advantage of the current landscape.
Ripple’s achievements extend beyond US borders, as the company holds a Major Payment Institution License in Singapore, Virtual Asset Service Provider registrations in Ireland and the Cayman Islands, and an in-principal license from Dubai’s Financial Services Authority (DFSA).
Ramps Up Domestic Hiring Amid Crypto-Friendly Regulations
To date, Ripple has processed approximately $70 billion in payment volume on its blockchain-based ledger, reflecting its growing influence in the global financial ecosystem. The company has also seen a doubling of North American customers within its payment network over the past year.

Blockchain payment company Ripple has announced the acquisition of two additional Money Transmitter Licenses (MTLs) in the United States, one

Looking to learn a new language? Try SQL…In today’s digital world, data is at the core of almost everything we do — whet...
27/01/2025

Looking to learn a new language? Try SQL…In today’s digital world, data is at the core of almost everything we do — whether it’s browsing the internet, shopping online, or even checking social media. This data needs to be stored, organised, and accessed efficiently, and that’s where SQL comes in. Not sure what SQL is? Here’s everything you need to know about SQL, one of the most sought-after skills in today’s job market: What is SQL? SQL stands for Structured Query Language. It’s a programming language specifically designed for managing and manipulating databases. Not only does it allow you to interact with a database, retrieve data, insert new records, and update existing ones, it also enables you to delete data that is no longer needed. Essentially, SQL acts as a bridge between users and their databases, enabling efficient data handling and storage.How to codeView all SQL courses How does SQL work? SQL works by using queries to communicate with databases.

by Amber RolfeLooking to learn a new language? Try SQL…In today’s digital world, data is at the core of almost

An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission...
27/01/2025

An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival.

Financial News and Information

Guggenheim Investments has closed a $400m (£324.8m) private debt fund with the backing of Allianz Global Investors.A gro...
26/01/2025

Guggenheim Investments has closed a $400m (£324.8m) private debt fund with the backing of Allianz Global Investors.
A group of funds managed by StepStone Group co-underwrote the deal.
The fund includes around $100m of financing.
Read more: Guggenheim closes $1.2bn private credit fund
“We are excited to have prominent institutional investors like AllianzGI and StepStone as LPs,” said Kevin Gundersen, head of Guggenheim Corporate Funding, the private debt investment manager of Guggenheim Investments. “We believe this partnership continues to fuel the ongoing success of our franchise and enables us to further leverage our strong origination and underwriting platform in a rapidly growing market.”
Anselm Feigenbutz, portfolio manager for secondaries private debt at Allianz Global Investors, said: “We are pleased to establish a partnership with Guggenheim’s private debt team and help structure this transaction.

Guggenheim Investments has closed a $400m (£324.8m) private debt fund with the backing of Allianz Global Investors. A group of

“Sculpted, defined, and timeless,” is how hairstylist Mara Roszak describes the pixie cut she gave Stone for her role in...
26/01/2025

“Sculpted, defined, and timeless,” is how hairstylist Mara Roszak describes the pixie cut she gave Stone for her role in the upcoming film Bugonia. Andrean Noir, a hairstylist at Bumble and bumble's Meatpacking location, calls this “the truest shape of a pixie, similar to Mia Farrow's now-iconic haircut from 1968. “That cut powerfully influenced the industry,” Noir says. (Case in point: Actress Brie Larson also recently chopped her hair into a “defined pixie” inspired by Mia Farrow in preparation for her role as Elektra.)

“Sculpted, defined, and timeless,” is how hairstylist Mara Roszak describes the pixie cut she gave Stone for her role in

The new US SEC team under Donald Trump’s leadership has revoked SAB 121, a crypto account regulation that has required f...
25/01/2025

The new US SEC team under Donald Trump’s leadership has revoked SAB 121, a crypto account regulation that has required financial entities to treat crypto holdings as liabilities on their balance sheets since March 2022.
Because this shines a light on Ethereum, ERC-20 tokens might be the next cryptocurrency to explode.
SAB 121’s closing is a big deal as it’ll likely spur more TradFi companies to explore DeFi. Partly owing to Ethereum having the most significant TVL at $67.387B, an analyst predicts it will reach $7K.
Another factor pushing Ethereum coins forward is Etherealize, an Ethereum Foundation-backed marketing firm that educates institutions on the network.
Such news, combined with $ETH spiking by 6.5% since yesterday, suggests a thriving future for both $ETH and ERC-20 tokens, like $WEPE, $MIND, and $MEMEX.
1. Wall Street Pepe ($WEPE) – Insider Information for Crypto Degens
Wall Street Pepe ($WEPE) is a frog coin that’s on a mission to capitalize on Pepe’s $6.5B market cap.

The new US SEC team under Donald Trump’s leadership has revoked SAB 121, a crypto account regulation that has required

In the quiet days before Christmas last year, when most venture capitalists had retreated to holiday escapes in Aspen or...
25/01/2025

In the quiet days before Christmas last year, when most venture capitalists had retreated to holiday escapes in Aspen or Jackson Hole, Lightspeed Venture Partners’ investing team was contemplating a bid for a piece of OpenAI rival Anthropic. Most Read from Bloomberg The venture capital firm approached Anthropic with an offer to lead a multibillion-dollar investment, according to a person familiar with the matter. An agreement quickly took shape: a $2 billion funding round at a $60 billion valuation, tripling what the startup was worth a year earlier. By early January, the deal was effectively done. With $25 billion under management, Lightspeed is part of a rarified strata of VC firms willing and able to back tech’s hottest, and most expensive, companies. In addition to Anthropic, Lightspeed has recently participated in a large funding round for artificial intelligence company Databricks Inc.

(Bloomberg) -- In the quiet days before Christmas last year, when most venture capitalists had retreated to holiday escapes in

Plume Network, the real-world asset (RWA)-focused blockchain, has teamed up with Whinfell Partners to add a range of ins...
24/01/2025

Plume Network, the real-world asset (RWA)-focused blockchain, has teamed up with Whinfell Partners to add a range of institutional-grade credit instruments to its platform.
Whinfell Partners is a digital assets-focused asset manager specialising in credit, risk management and environmental project finance.
Read more: Tradable has tokenised $1.7bn of private credit positions
Plume’s staking protocol Nest will feature Whinfell’s selection of bespoke public and private credit strategies, available to its user base.
Read more: Hamilton Lane puts private credit fund on Solana blockchain
“By partnering with Plume Network, we’re taking a significant step in democratizing access to institutionally suitable financial products,” said Wes Thornburgh, partner at Whinfell.

Plume Network, the real-world asset (RWA)-focused blockchain, has teamed up with Whinfell Partners to add a range of institutional-grade credit

When you lack a Social Security number, it can get in the way of your ability to build credit in the U.S., as it’s a req...
24/01/2025

When you lack a Social Security number, it can get in the way of your ability to build credit in the U.S., as it’s a requirement on most credit card applications. Plus, bringing your credit history from a different country isn't usually an option, so you'll have two potential roadblocks on the path to establishing credit. But despite these obstacles, it's still possible to start the clock on your credit history here. Some credit cards allow you to bypass one or both of these requirements. It’s typically U.S. citizens and noncitizens with authorized work permits in this country who qualify for a Social Security number. However, you may qualify for an alternative form of identification, such as an Individual Taxpayer Identification Number (ITIN), regardless of your immigration status.

When you lack a Social Security number, it can get in the way of your ability to build credit in

A career resolution is exactly what it sounds like: a resolution for your career intended to help you grow into a better...
23/01/2025

A career resolution is exactly what it sounds like: a resolution for your career intended to help you grow into a better professional. At Work It DAILY, we believe that you need to work on your career every day (yes, you do, in fact, need to "work it daily"). So, everyone should make a career resolution or two along with those other ambitious personal resolutions. They can be little things like learning a new skill or growing your professional network, or bigger goals like landing a promotion or getting a new job. But how do you know what kind of career resolutions to make?You can begin by asking yourself, "Am I where I want to be in my career?" If your answer is "no," you need to take a closer look at your career goals.Here are five more career questions you should be asking yourself this new year to figure out how to grow your career and become the professional you know you can be.1. Am I Proud Of My Job Title?

A career resolution is exactly what it sounds like: a resolution for your career intended to help you grow into

Bitwise Asset Management is preparing a Dogecoin ETF application, reflecting growing interest in crypto ETFs under favor...
23/01/2025

Bitwise Asset Management is preparing a Dogecoin ETF application, reflecting growing interest in crypto ETFs under favorable conditions. Trump’s pro-crypto administration and regulatory shift have triggered a wave of ETF applications, with analysts predicting more approvals ahead.

Key Takeaways Bitwise Asset Management is preparing a Dogecoin ETF application, reflecting growing interest in crypto ETFs under favorable conditions.

AJ Bell’s strategic asset allocation (SAA) for 2025 has moved to an emerging market (EM) ex-China stance.AJ Bell said Ch...
22/01/2025

AJ Bell’s strategic asset allocation (SAA) for 2025 has moved to an emerging market (EM) ex-China stance.
AJ Bell said China remains attractive but “flexibility is key and moving to an EM ex-China structure should provide opportunity to control China allocations.”
SAA is a portfolio strategy, where the investor sets target allocations for various asset classes and rebalances the portfolio periodically.
AJ Bell head of investments solutions, James Flintoft, said: “As we kicked off 2025, many investors will have been reassessing their portfolios and how their asset allocation stacks up against the current global market and economic climate.”
Flintoft outlined that the EM ex-China is just one of three changes AJ Bell has made to its SAA.

AJ Bell’s strategic asset allocation (SAA) for 2025 has moved to an emerging market (EM) ex-China stance. AJ Bell said

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22/01/2025

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Interest in Bitcoin, the largest cryptocurrency asset remains robust among investors following favorable macroeconomic a...
22/01/2025

Interest in Bitcoin, the largest cryptocurrency asset remains robust among investors following favorable macroeconomic and market conditions. A strong investor interest signals confidence in BTC’s long-term prospects, which often precedes an increase in prices over some time.
Whales And Sharks Continuously Fuel Bitcoin Demand
Consistent bullish activity has been spotted among large Bitcoin investors and traders in light of political shifts. Leading data analytics platform Santiment reported that whale and shark investors continue to accumulate BTC at a substantial rate, suggesting heightened optimism and demand.

Data from Santiment shows that over 1,002 coins per day have been accumulated by 10+ BTC wallet addresses over the past 5 days leading up to today. Santiment shared the development as discussion about Donald Trump’s inauguration is likely to be a sell-the-news event mounts in the community.

Interest in Bitcoin, the largest cryptocurrency asset remains robust among investors following favorable macroeconomic and market conditions. A strong investor

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