Jonathan Gray, Blackstone Group's day-to-day leader, is guiding a shift at an investment powerhouse that made its name buying into undervalued companies.
PayPal, Stripe and others are only just getting started
The investment in Fireblocks comes as part of a larger funding round that the startup is set to announce Thursday.
â€˜Nonfungible tokens' could solve problems that have dogged the art world and other markets for centuries. Still, some buyers may be getting a bit too enthusiastic.
The U.S. bank's asset-management arm plans to take a 10% stake in the wealth subsidiary of China Merchants Bank, marking the first time a Chinese bank has opened up its wealth-management subsidiary to a foreign strategic investor.
Perhaps. But that might not be so bad