Nexo Co-founder on Growing Institutional Demand for Crypto Assets

CoinDesk

Wed, Dec 8, 2021, 11:07 AM

Nexo will work with Fidelity Digital Assets to provide products and infrastructure for institutional investors. The cryptocurrency lender has also made a strategic investment in Texture Capital, an SEC-registered broker-dealer catering to institutions. Nexo co-founder Kalin Metodiev shares insights into the deals and the wider crypto markets. Plus, his take on regulation following Nexo's cease and desist order from the New York State Attorney General (NYAG).

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
Associated Press Finance
This Dividend Stock Yields 4.4% and Has 15 Consecutive Years of Dividend Increases. Here's Why It's a Buy Now
This industry-leading company is out of favor and worth buying now.
Motley Fool
U.S. Money Supply Is Doing Something So Rare That It Hasn't Happened Since the Great Depression -- and a Big Move in Stocks May Follow
M2 money supply hasn't done this in nine decades.
Motley Fool
Warren Buffett Bought $9.2 Billion of This Stock Last Year, and He Could Buy Even More in 2024
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
Motley Fool
Berkshire shareholders reject climate, diversity, China proposals
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed. By margins of more than 4-to-1, shareholders at Berkshire's annual meeting voted against two proposals that the company's insurance and energy operations disclose more about their efforts to address climate change including greenhouse gas emissions. They also turned down a proposal for more disclosure about efforts to promote diversity, equity and inclusion in the workplace.
Reuters
Buffett explains Berkshire's reduced stake in Apple at annual company meeting
Warren Buffett discussed Berkshire Hathaway's decision to reduce its stake in tech giant Apple at Berkshire's annual meeting on Saturday in Omaha, Nebraska.
Fox Business
Should I Take a $48,000 Lump Sum or $462 Annuity From My Pension?
Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.
SmartAsset
Dow Jones Futures: Palantir, AI Plays On Tap After Stock Market, Nvidia Make Bullish Move
The market rally made a bullish move, with Nvidia flashing a buy signal. Palantir leads five AI stocks near buy points with earnings due.
Investor's Business Daily
Warren Buffett says Berkshire sold entire Paramount stake at a loss
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
Reuters
Can I Retire at 67 With $500k in an IRA and $2,000 Per Month From Social Security?
Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.
SmartAsset

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Nexo Co-founder on Growing Institutional Demand for Crypto Assets

Recommended Stories

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

This Dividend Stock Yields 4.4% and Has 15 Consecutive Years of Dividend Increases. Here's Why It's a Buy Now

U.S. Money Supply Is Doing Something So Rare That It Hasn't Happened Since the Great Depression -- and a Big Move in Stocks May Follow

Warren Buffett Bought $9.2 Billion of This Stock Last Year, and He Could Buy Even More in 2024

Berkshire shareholders reject climate, diversity, China proposals

Buffett explains Berkshire's reduced stake in Apple at annual company meeting

Should I Take a $48,000 Lump Sum or $462 Annuity From My Pension?

Dow Jones Futures: Palantir, AI Plays On Tap After Stock Market, Nvidia Make Bullish Move

Warren Buffett says Berkshire sold entire Paramount stake at a loss

Can I Retire at 67 With $500k in an IRA and $2,000 Per Month From Social Security?