Major institutions’ crypto custody offerings grow as BlackRock plans spot Ether ETF

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City AM

By Crypto AM: Market View in association with Ziglu Data from CryptoCompare shows that the price of Bitcoin started the week with a sharp move higher from around $35,000 to a high near $38,000 before enduring a correction, to now trade at $37,000 per coin. Ethereum’s Ether, the second-largest cryptocurrency by market capitalisation, moved sideways throughout the week, starting it at around $2,050 and seeing a high near $2,100 and a low near the $2,000 before moving back to its current level, around $2,050. Headlines in the cryptocurrency space this week revealed a growing number of services be… Read More “Major institutions’ crypto custody offerings grow as BlackRock plans spot Ether ETF”

Joe & the Juice gets new majority owner after private equity giant swoops

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City AM

By Laura McGuire General Atlantic has reached an agreement to buy a majority stake in Joe & the Juice, the trendy sandwich and smoothie chain. The US private equity firm, which has been a minority stakeholder since 2016, bought the stake held by Swedish private equity firmValedo Partners, who will now no longer have an investment in the cafe chain. The deal will see General Atlantic pump funds into the pricey pink coffee chain to help with its growth in international markets, particularly in the US and also reduce its debt pile. Melis Kahya Akar, managing director and head of consumer for EMEA… Read More “Joe & the Juice gets new majority owner after private equity giant swoops”