Make earnings with no risk
Automated AI-driven system makes the trades, you earn the money
Join now
News

AllianceBernstein Integrates Blockchain Technology in Deal With Allfunds

0
AllianceBernstein

Global asset management firm AllianceBernstein has partnered with Allfunds Blockchain to deploy AB’s blockchain ecosystem.

Source: CISION

BTCUSD is down -4.5%

The accompanying statement notes that AllianceBernstein is eying opportunities in digital assets as part of its short-term investments.

The head of AllianceBernstein’s Investment Innovation Center says that the firm expects the technology to transform the asset management sector. The executive added that blockchain technology would be useful in enhancing transactional efficiency and transparency.

Allfund Blockchain, a subsidiary of distribution platform Allfunds (ALLFG), integrates blockchain technology with funds for an additional safety layer and efficiency.

AllianceBernstein had $687 billion in assets under management as of May 31, 2022. Allfunds stock jumped 1.4% on Euronext Amsterdam as of 8.50 UTC.

fxcoach

Bitcoin Faces Record Exchange Inflows Amid Crypto Crash

Previous article

Tether Is Working Towards Fully Eliminating USDT’s Commercial Paper Backing

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in News