‘Idle money in bank accounts not getting worse’: Mukesh Ambani on why Indians should invest in the stock market

Reliance Industries Chairman Mukesh Ambani on Tuesday made a strong case for diverting Indian households’ savings to the capital markets, arguing that the country’s long-standing preference for physical assets such as gold has slowed the production of productive wealth at a time when India is entering a robust growth phase.In a conversation with BlackRock CEO […]

BlackRock’s Larry Fink Advocates Tokenization as Bitcoin ETF Approaches $100 Billion – Blockonomi

Tldr: BlackRock’s iShares Bitcoin Trust (IBIT) has nearly $100 billion in assets under management. CEO Larry Fink sees tokenization as the next evolution in financial markets. Institutional demand for regulated exposure to Bitcoin continues to rise. Fink predicts that blockchain will modernize ownership, settlement and transparency in the financial world. BlackRocks iShares Bitcoin Trust (IBIT) […]