Securitize Begins Issuing Tokenized Securities in Europe and Blackrock Starts 'Digital First' Investment in India

Jul 27, 2023
Market Update $BTC and $ETH were each flat today, declining 0.11% and 0.14%, respectively. Most altcoins have had a relatively uneventful day as well, apart from a few standouts. One of these is on chain analytics protocol Arkham Intelligence ($ARKM), which has risen 6.08% after declining the past week following its airdrop of 30 million tokens to ~65k wallets. $DOGE also continues to outperform, rising on speculation that Elon Musk could integrate the memecoin into Twitter (now named "X"). Equity markets continue outperforming crypto - SPX has risen 0.69%, and NDQ has risen 1.56% after the release of strong GDP numbers and Meta earnings results. BlackRock, the global investment giant, is expanding its presence in India through a strategic collaboration to introduce a "digital-first offering" in the country. On July 26, BlackRock officially unveiled a joint investment initiative with Jio Financial Services (JFS), a division of Reliance Industries led by Indian tycoon Mukesh Ambani. Both companies intend to invest up to $150 million in a 50:50 joint venture. Dubbed "Jio BlackRock," this venture seeks to offer "tech-enabled" access to affordable and innovative investment solutions to millions of investors across India. The project will leverage BlackRock's expertise in inves

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After yesterday’s sell-off following January CPI data, U.S. equity indices are rebounding, with both the SPY and QQQ rising approximately 0.40%. BTC -2.20%  showed resilience yesterday and continues to demonstrate strength today, surging 4% and briefly eclipsing the $52k mark. ETH -0.92%  (+3.96%) is showing similar gains, rising above $2,750, the highest level since May 2022. Robinhood, a stock and crypto trading platform, beat earnings expectations yesterday, largely due to 10% year-over-year growth in...

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