US startup Alphaledger receives $9.5 million in Series A funding led by EJF Capital
US startup Alphaledger has raised $9.5 million in Series A financing, led by EJF Capital and followed by KDX. Previously, in 2022, Alphaledger issued the first blockchain-based US municipal bond using its licensed blockchain.
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US Labor Department changes tune on crypto in 401(k) plans
Share link:In this post: The US Department of Labor reversed an earlier guidance that discouraged retirement managers from considering crypto as an investment option in 401(k) plans. The government’s stance is now fully neutral, meaning plan providers can offer digital asset exposure. The SEC will hold a major “Emerging Trends in Asset Management” conference on June 5.
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