The price of bitcoin rose above $61,400 on Friday, up 8% from the day before, following a report from Bloomberg that the first bitcoin futures exchange-traded funds will start trading next week. The development would be a major victory for the cryptocurrency industry, which has been lobbying the Securities and Exchange Commission for approval of a bitcoin-related ETF for almost a decade. The...
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‘Winner-Take-Most’: Anthony Noto’s Ambitions for SoFi Take Shape
Anthony Noto has long had a knack for grabbing attention. When he was a top executive at Twitter, Noto struck a deal with the NFL to air Thursday night games, thrusting the social media service into the streaming market, to the surprise of even many Twitter employees, according to people who worked there at the time. More recently, SoFi Technologies, the financial services company Noto leads as...
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