BenchMark Finance

Dow Jones | July 05, 2020

U.S. stock futures traded sharply higher early Monday as Wall Street tried to build on the momentum from last week’s solid performance and shake off a continued rise in coronavirus cases. Dow Jones Industrial Average futures rose 377 points, or 1.5%. The move implied an opening gain of more than 433 points. S&P 500 futures gained 1.2%. Nasdaq-100 futures gained 1.2%....

Financial Management, Investment Management

Aegis Trust | December 12, 2022

Aegis Trust, one of the leading digital asset qualified custodians in the U.S. offering client-centric technology infrastructure and regulatory compliant solutions, announced today its support of the Cosmos Network and its ecosystem by custodying the treasury assets of its protocols. With this news, the company is building on its existing relationship by working with a wide range of Cosmos' key protocols as the custodian for the respective assets, in addition to continuing its support of cus...

Cision PR Newswire | August 13, 2020

Blend, a leader in digital lending solutions, announced it has secured $75 million in Series F funding led by Canapi Ventures, a fintech-focused venture capital firm backed by major banks and financial institutions. This capital brings Blend's valuation to nearly $1.7 billion and will be used to accelerate the development of its unified digital platform for mortgages, consumer loans, and deposit accounts. Existing investors Temasek, General Atlantic, 8VC, Greylock, and Emergence also partici...

Reuters | March 04, 2020

The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking system. The overnight repurchases agreement (repo) rate was last USONRP= 1.85%-1.95%, compared with 1.90%-2.00% before the latest repo operation. They ended at 1.75% late on Thursday after hitting 10% on Tuesday, according to Refinitiv data. The U.S. central bank has conducted a series of cash-adding...