News

The US initial public offerings market capped its biggest month since September, with a widening scope of deals inspiring measured optimism that the recovery has momentum.

Blockchain forensics firm Elliptic said it has made advances in using artificial intelligence to detect bitcoin money laundering. The firm said in a statement that it is using the advancements to enhance Elliptic’s detection tools and has detailed the work in a new research paper “co-authored with researchers from the MIT-IBM Watson AI Lab.”

VanEck said in a new report that a total of roughly $175 billion in bitcoin is currently being held across the various ETFs, nations and public and private companies that have acquired the popular cryptocurrency.

The world’s largest asset manager appears poised to move deeper into the tokenization space after injecting capital into a tokenization firm it has worked with before. BlackRock led a $47 million funding round for Securitize, a company focused on bringing physical and traditional financial assets onto the blockchain, the firms said Wednesday.

New rules will require firms to report position information for the largest futures and options traders to the Commodity Futures Trading Commission (CFTC) with an appendix specifying the substituted applicable data elements.