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Latest Results from /wealth

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Northern Trust: 21% of private market investors allocate to crypto and digital assets

In a global survey of 180 institutional plans with investment portfolios ranging from $1 billion to over $500 billion, Northern Trust gathered responses from senior leaders at pension funds, outsourced chief financial officers and multi-managers, family offices, sovereign wealth funds, endowments, and other institutions across the Americas, Emea and Apac.

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EToro to launch UK and Europe stock lending programme

In order to identify borrowers and facilitate the stock lending process, eToro will partner with BNY, which will act as the custodian, and stock lending platform EquiLend. This stock lending launch showcases how eToro is currently leveraging BNY’s global clearing platform, offering integrated solutions across US and international clearing, custody, settlement, execution, and financing.

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Gen Z wealth platform Alinea Invest raises $10.4 million

Alinea Invest has raised $10.4 million in Series A funding to build the investing app for the Gen Z youth market.

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PrimaryBid in talks over discounted sale

Retail investment platform PrimaryBid is in talks with several financial institutions and investors about a possible takeover.

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Robinhood moves into wealth management and private banking

Stock trading app Robinhood continues to build out its product suite, adding wealth management and private banking services, as well as an AI investment tool.

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WealthTech Firenze scores £2.5 million Seed round

Firenze, a Manchester-based fintech unlocking Lombard lending for mass affluent investors, has closed a £2.5M Seed funding round led by Outward VC, the backers of Curve, PrimaryBid and Vauban.

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CBDCs and banking systems, the battle: Join the discussion at NextGen Nordics

With growing momentum surrounding digital currencies, Nordic central banks are increasingly responding to the need for digital transformation in the monetary landscape. Events like NextGen Nordics at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, are propelling forward the discussions on their advantages and risks, especially in relation to traditional banking systems. But, as enthusiasm around CBDCs rises, so does the concern over their potential to disrupt existing financial systems, particularly through the risk of disintermediation of native banking systems.

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Stablecoin de-pegging to be probed by Ripple, Warwick Business School’s Gillmore Centre

The research is funded by the University of California, Berkeley’s Centre for Responsible Decentralized Intelligence, and will involve collaboration between Warwick’s own Dr Ganesh Viswanath-Natraj, Ripple Research, and the University Blockchain Research Initiative (UBRI), the $50 million research division of Ripple.

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MoonPay secures $200 million revolving credit line from Galaxy

In what has been dubbed one of the largest of its kind in the crypto industry, MoonPay’s credit line with Galaxy comes at a time of unprecedented momentum for the crypto industry, ensuring the solution provider is in a position to capitalise and solidify its role in the global digital economy.

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Berlin WealthTech NAO expands Seed financing to €4.5 million

Berlin-based WealthTech startup NAO has secured additional capital of over one million euros through a second closing of its Seed financing push, bringing total funding from the round to €4.5 million.

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Zocks raises $13.8m for AI-driven financial advisor client intelligence

Zocks, an AI-driven client intelligence platform for financial advisors has raised $13.8 million in a Series A funding round led by Motive Ventures.

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BNY and OpenAI strike deal to develop AI platform

US-based investment bank and global custodian BNY has agreed a deal with OpenAI, the creator of generative AI platform ChatGPT, to help with the development of the bank's proprietary AI platform Eliza.