BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility

The new liquidity network, backed by the likes of BlackRock (BLK) and Janus Henderson (JHG), aims to make the $15 billion tokenized treasury fund market work better than its traditional peers. Blockchain-based credit infrastructure specialist Grove on Thursday launched a facility designed to provide instant stablecoin liquidity to investors exiting tokenized real-world asset funds. The…

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Kraken parent Payward, Franklin Templeton plan onchain investment products

Payward, the parent company of cryptocurrency exchange Kraken, is partnering with asset manager Franklin Templeton to expand the use of tokenized financial products for institutional investors. The companies said on Tuesday they would develop a range of blockchain-based investment products, including tokenized income products, tokenized shares and custody services related to digital assets. The move…

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A former OpenAI employee explains the ‘open secret’ of AI: Companies are building systems they still can’t reliably control

Daniel Kokotajlo discusses a key challenge for future AI development: AI orchestration. This involves ensuring that AI systems align with human intentions and values. As AI companies race to build superintelligence, AI coordination will be critical to maintaining control. Daniel Kokotajlo, a former OpenAI researcher and current head of the Future of Artificial Intelligence project,…

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Crypto analytics firm Elliptic lands $120 million as AI reshapes blockchain compliance

Blockchain analytics firm Elliptic said it raised $120 million in new funding from investors including Nasdaq Ventures and Deutsche Bank as financial institutions increase spending on crypto compliance and security infrastructure. The round, led by growth equity firm One Peak, values ​​the London-based company at $610 million, according to a press release Tuesday. British Business…

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