Tag: Wall Street

Ten years after Lehman Brothers filed for bankruptcy in 2008, a host of new financial offerings is hoping to entice sullied investors back into the market. The task hasn’t been easy, however. The financial crisis that spawned Bitcoin has left enough emotional damage to keep those with a keen sense of memory far from equities and traditional stocks. This same…

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Executives at Deutsche Bank AG, Goldman Sachs, BlackRock, and Barclays have resigned from their high-paying and stable careers to enter the cryptocurrency market in 2018, after finding better opportunities in the rapidly and exponentially growing blockchain industry. BlackRock Investor’s Story Asim Ahmad, a former trader at BlackRock, resigned from the company after generating enough capital from his investment in ether,…

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Chain Inc., a San Francisco-based blockchain software company has raised US$30 million from Wall Street companies and investment banks, including Visa Inc., Citi Ventures and NASDAQ Inc, to enable institutions “to design, deploy, and operate blockchain networks that can power any type of asset in any market.” Chain Inc. aims to be the leading startup in its sector to assist…

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