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CoinShares acquires Valkyrie’s ETF business
CoinShares, a European digital asset investment firm, has completed the acquisition of Valkyrie Funds, including the sponsor rights to the firm’s spot Bitcoin exchange-
US Yields Soar as Traders See Fed Delaying First Cut to December
Treasuries slumped and traders trimmed their outlook for the pace of Fed interest-rate cuts, deterred by a US GDP report.
PE firm GTCR to Buy Wealth Management Platform AssetMark for $2.7 Billion
GTCR has agreed to pay $2.7B to buy AssetMark Financial, taking the wealth management platform private more than five years after its public offering.
LPL Financial is Introducing New Clauses in It's Service Agreements
LPL Financial is introducing new clauses in its service agreements with some of the larger (RIA) practices that leverage its services.