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The rise of crypto treasury companies is set to create a supply crunch, experts say

Hedge Funds Correspondent

More than 150 publicly listed companies now collectively hold almost 1 million bitcoin

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The rapid accumulation of digital assets by crypto treasury companies will create a supply crunch and push up prices even further, according to industry experts.

Your guide to the week’s biggest fintech stories

Bilal Jafar

Currencies

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Thomas has joined the Hong Kong office of Bobby Jain’s new hedge fund

Ex-Brevan Howard portfolio manager’s hedge fund opens Sydney office

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The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian sovereign-wealth fund.

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Alpha School, which has locations in Texas, Florida and California, is launching in New York in September.

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The city’s exchange operator reported record profit and revenue as bullish market sentiment boosted trading.

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“Recent trade deals have alleviated, but certainly not eliminated, global uncertainty, which persists on account of the unpredictable policy environment,” Lagarde told a panel on Wednesday.

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U.S. stock futures started Wednesday lower after a tech-led selloff caused by a report saying the majority of companies investing in generative AI have yet to see returns.

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Bill Derrough’s move follows recent leadership changes at Moelis.

Moelis Restructuring Banker Derrough Moves to Jefferies

Dominari was new to the finance game when it took office space in Trump Tower. Now it’s a key adviser on the first family’s ventures, from crypto to manufacturing.

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The group is focused on acquiring businesses operating mainly in the U.K. online pharmacy market.

Vulcan Two Group Seeks AIM Stock Market IPO

The bank said it also received authorization from the Bank of Italy to acquire indirect control of Banca Generali subsidiaries and indirect shareholdings in affiliates.

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S&P Global Ratings expects robust revenues from the Trump administration’s newly instituted tariff regime to help offset the expected fiscal deterioration resulting from recent legislative changes.

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The bank is preparing to move thousands of employees into its new, 2.5-million-square-foot Midtown headquarters.

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Corporate profits are on track for a double-digit climb, led by the tech sector.

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Tech execs are paying tens of thousands to find brilliant dates or select high-IQ embryos. “They want to raise high-performing children.”

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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Jamie Dimon Took a Bus Tour Down South. We Rode Along.

A pair of executive orders President Trump signed Thursday show how he is beginning to reshape the world of banking and finance.

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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The president recounted his experiences when asked about an executive order the White House is preparing.

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Gold prices are climbing as the threat of a U.S. economic slowdown becomes increasingly real.

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Some fear a decline in the world-leading economic statistics underpinning U.S. markets.

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