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Jio Financial Services and BlackRock secure approval for Mutual Fund Venture in India.
Jio Financial Services has received in-principle approval from the Securities and Exchange Board of India (SEBI) for its joint venture with BlackRock to establish a mutual fund in India, as announced in an exchange filing. The approval dated October 3, 2024, allows both companies to act as co-sponsors, pending the fulfillment of specific requirements for final registration. This venture, formed after a tie-up in July 2023 with an investment of $150 million each, is expected to increase competition in India's mutual fund industry, which manages over Rs 66 trillion in assets. Both companies aim to provide innovative investment solutions to promote a shift from saving to investing among the Indian populace. Additionally, Jio plans to expand into wealth management and stock broking in partnership with BlackRock.
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Vitalik Buterin Donates 100 ETH to Roman Storm Defense Fund.
Vitalik Buterin recently donated another Ether worth $240,000 to Tornado Cash developer Roman Storm's legal defense fund, marking the third time the notable crypto builder has donated to the cause.
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Michael Saylor - We're buying all the time. We're buying the lows, the mids, the highs. I'll be buying the top forever because I'm expecting $BITCOIN will continue to appreciate as digital capital."
This is the way you stack and HODL your $BITCOIN.
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New signal added in our premium channel
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Telegram to Enable NFT Conversion For New Gifts Feature
PANews reports that Telegram has introduced a 'Gifts' feature, enabling users to showcase gifts on their profiles or sell them for Telegram Stars, with some gifts offered in limited quantities. Later this year, Telegram will enhance this feature, allowing limited-edition gifts to be converted into NFTs on the TON blockchain. Users will be able to auction and trade these tokenized gifts outside of Telegram, with ownership tracked on the blockchain.
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๐ #UNI/USDT (LONG)
Crypto name :: #UNI
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UAE exempts crypto transfers, conversion from value-added tax.
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