Robinhood Markets is officially joining the S&P 500, marking its transition from a pandemic trading app to a significant player in U.S. finance. This inclusion is expected to boost stock demand and reflects the company's growing credibility among institutional investors.
Goldman Sachs and BNY Mellon are set to revolutionize the $7.1 trillion money market industry by allowing institutional investors to purchase tokenized funds through blockchain technology, enhancing transaction efficiency and investment opportunities.
Bitcoin has reached a staggering new all-time high of $118,667, marking a significant increase this week. However, experts warn that its ascent may be slower due to the growing options market and maturing investor strategies.
