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Global crypto funds attract third-largest weekly inflows of $3.4 billion as 'investors seek alternative safe havens': CoinShares
Global crypto funds attract third-largest weekly inflows of $3.4 billion as 'investors seek alternative safe havens': CoinShares

Quick Take Crypto investment products added $3.4 billion in net inflows globally last week — the third-largest on record — according to asset manager CoinShares. Digital assets are becoming an emerging safe haven amid concerns over the impact of U.S. tariffs and a weakening dollar, Head of Research James Butterfill said.

The Block·2025/04/27 16:00
London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network
London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network

Quick Take Global funds network Calastone tapped Fireblocks to support a new tool enabling asset managers to tokenize any fund on its platform. The platform enables users to deploy Calastone smart contracts on blockchains including Ethereum and Polygon.

The Block·2025/04/27 16:00
Flash
22:37
Nvidia: This year’s CPU revenue is expected to reach $20 billion.
Jinse Finance reported that on May 21, NVIDIA stated its CPU revenue is expected to reach 20 billion USD this year, and the Vera CPU enables the company to enter a potential CPU market valued at 200 billion USD.
22:33
According to Bloomberg, Wall Street executives conduct personal PR: in order to secure the lead role in SpaceX’s IPO, Goldman Sachs CEO David Solomon personally sent a message to Elon Musk on social platform X (formerly Twitter) to demonstrate the bank’s absolute commitment to the project.
This pivotal campaign was personally led by several of Goldman Sachs' most senior top investment bankers. Goldman Sachs has maintained a longstanding business relationship with SpaceX, and Sudewi's unconventional decision to personally reach out this time successfully helped Goldman Sachs win the favor of this super client. A monumental case sparks an all-out contest: Over the past few months, major Wall Street investment banks have been fiercely competing for the leading position in SpaceX's IPO. It is reported that SpaceX's target valuation for this public listing will exceed 2 trillion USD, with plans to simultaneously raise 75 billion USD.
22:32
SpaceX IPO could make Elon Musk the world's first trillionaire
If the company's valuation surpasses approximately $1.7 trillion, Musk's stake of just over 40%, combined with his Tesla shares, will make him the first person in history to reach a 13-figure net worth. This means Musk's personal fortune will exceed that of all American companies except for 10, roughly equal to Berkshire Hathaway, and higher than Eli Lilly and JPMorgan. Musk's current net worth has already surpassed that of ExxonMobil, the largest oil company in the United States. This calculation does not include restricted stock in SpaceX that has been granted to Musk but has not yet vested, though it does account for options he can exercise in the near term.
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