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BLK Jun 2025 590.000 put
| Previous close | 24.50 |
| Open | 24.50 |
| Bid | 18.90 |
| Ask | 21.80 |
| Strike | 590.00 |
| Expiry date | 2025-06-20 |
| Day's range | 24.50 - 24.50 |
| Contract range | N/A |
| Volume | |
| Open interest | 29 |
ReutersBlackRock to launch PIF-backed Saudi investment platform
The world's largest asset manager BlackRock said on Tuesday it plans to launch a new investment platform in Saudi Arabia, backed by up to $5 billion from Saudi sovereign wealth fund the Public Investment Fund (PIF). BlackRock and PIF said they had signed a memorandum of understanding under which BlackRock would establish a Riyadh-based multi-asset investment platform, anchored by PIF's initial cash injection, subject to certain agreed milestones being hit. The two parties said the platform would accelerate growth of Saudi Arabia's capital markets, with a Riyadh-based investment team looking to raise additional funds locally and overseas.
CoinDeskBlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton's
BlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.
ZacksFranklin (BEN) Q2 Earnings Miss, Revenues Beat on High AUM
Franklin's (BEN) second-quarter fiscal 2024 results display top-line strength and an improvement in the AUM balance, whereas higher expenses were concerning.
