Blackstone’s investment in IIFL Finance will enable the Indian shadow lender to sustain 25% to 30% annual lending growth over the next three to four years, billionaire founder Nirmal Jain says

BlackRock, Coinbase and Chainlink on what AI agents will need to pay @BlackRock digital assets research head Will Su joined @alecglovett of @coinbase and @SergeyNazarov of @chainlink at BlackRock’s Aladdin Client Forum to talk about AI agents with wallets. Su pointed to a BlackRock paper that sees AI as the brains of a new machine economy and crypto as its money. Lovett said agents need new low-cost rails for very high volumes, and that Coinbase is investing heavily in stablecoin payments, fast blockchains, and agent protocols. Nazarov expects tightly controlled use, with agents carrying an identity and set limits, like a Know Your Agent check.

BlackRock Shuffles Another $151M of Ethereum into Coinbase Prime @BlackRock moved 72,212 $ETH, valued at about $151.4 million, from its ETF deposit wallets to @Coinbase Prime in four installments over the past hour, Arkham Intel says. These included the following amounts: - 39,292 ETH - 13,136 ETH - 10,000 ETH - 9,784 ETH The latest batch pushes BlackRock's cumulative Ethereum outflow from Oct. 1 to 791,758 ETH, or nearly $1.74 billion. Moves into Coinbase Prime do not necessarily mean the crypto is being sold. The funds may also move for other purposes, such as custody, redemptions, or rebalancing.