Wood will be cutting the gold position in his long-only asset allocation for U.S.-dollar-based pension funds to 45% from 50% and initiating a 5% holding of bitcoin
Figure Technologies, founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain.
Block.one, the company behind the EOS blockchain, has just hired a former Jefferies Group LLC executive to lead its $1 billion venture capital arm.