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Coinbase Hires BlackRock Executive to Lead Pensions Business

By
Aidan Ryan
· · Source: Institutional Investor

Coinbase has hired Anthony Bassili, a former director at asset-management giant BlackRock, to serve as its head of pensions, according to a report from Institutional Investor . The hiring demonstrates how Coinbase is looking to tap into a growing appetite for crypto among pension funds, a significant subset of institutional capital that until recently has been skeptical about investing in...

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By Kaya Yurieff and Sylvia Varnham O'Regan · March 22, 2023 10:55 AM PDT
U.S. Representative Jamaal Bowman, TikTok CEO Shou Zi Chew and Governor Jared Polis. Background: TikTokers Naomi Hearts (@naomiheartsxo), Kristine Thompson (@trendycurvy), Duncan Joseph (@duncanyounot) and Grace Amaku (@grace_africa). Photos via Bloomberg, Getty and TikTok. Collage by Shane Burke.
TikTok is one of the most popular entertainment services in the U.S., used monthly by nearly half of the population. Yet as the app battles for its life, it has remarkably few allies to provide support. Even those that directly benefit from TikTok, such as music labels and creators, have mixed feelings about TikTok, largely because they say it doesn’t pay its partners enough. That’s...
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