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Sources: some banks led by Morgan Stanley are in talks to sell up to $3B of senior secured debt tied to Twitter's buyout, boosted by a claim to a ~$6B xAI stake (Bloomberg)

Bloomberg : Sources: some banks led by Morgan Stanley are in talks to sell up to $3B of senior secured debt tied to Twitter's buyout,...

5 September 2024

Some tech and crypto firms, and Wyoming rush to launch their own stablecoins to profit from a recovering crypto market, as experts say tokens are of little use (Nikou Asgari/Financial Times)

Nikou Asgari / Financial Times:
Some tech and crypto firms, and Wyoming rush to launch their own stablecoins to profit from a recovering crypto market, as experts say tokens are of little use  —  But some industry experts warn that tokens are a ‘novelty asset’ used mostly for trading  —  Technology and crypto companies …

Posted from: this blog via Microsoft Power Automate.

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