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Guggenheim Investments’ President Dina DiLorenzo said the firm is working to launch a nontraded business development company, calling private credit an “important” asset class.
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🚨 Ron Baron says investments tied to Elon Musk have already made about $20B in profits for clients 👀 He started buying $TSLA years ago and later invested in SpaceX through employee share sales. Today, Baron’s firm holds about: • $15B in SpaceX • $5B in Tesla Baron believes @SpaceX could eventually become the biggest company in the world because of Starlink, Starship, reusable rockets, and future space-based AI compute. 🚀
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A $25,000 investment in Sandisk one year ago would be $1,061,115 today.
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NEWS: Fidelity Investments, a major SpaceX shareholder, said it sees a viable path for Elon Musk's vision of AI data centers in orbit, but said the economics hinge on Starship becoming operational at scale. "Conceptually it makes a ton of sense in the longer term to be thinking about data centers in space," said Karin Fronczke, Fidelity's head of global private equity investments. "The question of course becomes: Is it economical? And frankly what we've been watching for as investors is Starship." SpaceX has pitched orbital compute infrastructure as a way to bypass terrestrial constraints including power grids and land use.
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$8M Strategic investment by @justinsuntron This investment supports ecosystem integration on @trondao and the deployment of River’s chain abstraction stablecoin infrastructure. River connects cross ecosystem assets and liquidity into TRON through satUSD, which can be minted 1 to 1 with USDT, USDD, or USD1, or backed by assets from different chains. This enables users to access TRON native high yield opportunities directly. satUSD will be used in stablecoin pools alongside USDT and @usddio on @OfficialSUNio. Price feeds for satUSD will be provided by @WinkLink_Oracle. satUSD will also be available on @DeFi_JUST for lending and borrowing. Integration expands across core assets including USDT, TRX, wBTC, BTT, JST, SUN, WIN, and NFT use cases, with native sTRX staking yield as the initial entry point. River will launch Smart Vault and institutional grade Prime Vault to deliver yield opportunities for stablecoins, TRX, and core ecosystem assets on TRON. This investment reinforces River’s role as core infrastructure for the TRON, enabling liquidity, yield, and sustained on chain activity at scale.
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River secured a strategic investment from @MaelstromFund, founded by Arthur Hayes @CryptoHayes We are building the first chain-abstraction stablecoin system, designed to connect every asset to its opportunity and allow value to flow freely across ecosystems, with capital never being locked away. The strategic investment will support the continued development of this system and its expansion across digital assets. Make liquidity portable, settlement simple, and capital efficiency native to the on-chain economy.
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Our long-term investment in AI is already available for fixed income securities. Try it for yourself! ✅ ⤵️ #BloombergProTips#
HSBC pauses $4bn private credit investment
India considers reducing taxes on bond investments by foreigners, Bloomberg News reports
Just do an ethics rule on *all* investments. There needs to be ethics and insider trading rules on stocks and crypto and everything else. This shouldn't be complicated?