Meta Pauses Employee Activity Tracking Program Over Data Security Concerns 
SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples 
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates 
SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist 
US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation 
US Raises Concerns Over Possible ASML EUV Machine Transfer to China 
Alphabet Replaces Verizon in Dow Jones Industrial Average 
Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns 
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs 
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
Last month, Blockchain.com hired Garrick Hileman, one of the most decorated economists in the U.K. and Ireland. During that time, the company didn’t share details on what Hileman will be working on and only said that he was to spearhead a research division aimed at blockchain development.
But a recent announcement by Blockchain.com shed some light on what exactly the project being developed by Hileman for the company is. In a blog post published on June 28, the crypto information service provider revealed the launch of a platform for institutional investors in cryptocurrency, Cointelegraph reported.
Called Blockchain Principal Strategies (BPS), the platform will help its clients navigate the crypto market’s landscape by providing trading and research tools. BPS will also have its own trading desk, offering a “white-glove trading service” helmed by a team of crypto professionals, including Hileman.
Other benefits that the platform offers include a smart Order Management System (OMS), risk analysis, custom portfolio view, and educational and networking opportunities. BPS will cater to a wide range of clients, as outlined in its blog post.
“We are thrilled to debut Blockchain Principal Strategies, an institutional grade platform customized for institutions, family offices, and individual investors,” said Peter Smith, CEO and co-founder of Blockchain. “BPS provides clients the opportunity to invest in digital assets with the same peace of mind and security that has become synonymous with the Blockchain name.”
From the company’s website, it would seem that the platform is in its early launch stages at this time as it appears that signups are still unavailable for interested entities. However, people can still register their name and email address to get the latest news about this new service.
Blockchain.com is among the leading global companies in blockchain technology. Since its founding in 2011, the company has experienced a massive growth, with over 25 million registered wallets and $200 billion worth of assets processed across 140 countries.
