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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TikTok CEO Goes to Washington With a Ragtag Band of Allies

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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