$103,890.00
0.84%$2,595.51
3.61%$2.55
-1.66%$660.79
-1.30%$176.88
0.30%$1.00
0.01%$0.237042
0.33%$0.816431
-1.75%$0.269478
-1.93%$2,585.34
3.29%$4.01
0.45%$103,829.00
0.86%$17.08
0.66%$3,106.81
3.57%$25.26
0.66%$0.31169
-3.42%$0.00001605
-0.91%$0.21366
-3.75%$25.58
4.08%$1.19
1.95%$3.35
-3.07%$406.40
-1.88%$8.64
1.71%$5.10
-1.30%$101.72
-0.02%$2,601.14
3.62%$0.999883
0.00%$339.46
0.59%$0.00001444
3.77%$2,762.28
3.64%$4.80
0.73%$0.999211
0.16%$1.001
0.04%$103,887.00
0.88%$30.16
-0.28%$6.95
-0.63%$459.14
0.14%$6.10
2.24%$3.17
-0.52%$226.98
1.92%$0.124888
3.84%$1.033
-1.06%$54.19
-0.38%$5.79
-1.44%$20.15
1.12%$0.101854
0.25%$1.00
0.00%$34.67
0.14%$5.26
-0.10%$0.805982
-0.09%$0.03119458
-2.23%$13.42
-0.35%$21.87
0.05%$0.440678
9.53%$1.051
0.03%$5.21
-2.60%$0.25318
-3.83%$0.853531
-0.80%$1.002
-0.23%$1.17
0.00%$0.442202
-0.31%$3.15
-0.89%$0.243621
-2.06%$103,670.00
0.97%$3.26
1.96%$1.31
2.06%$4.37
0.10%$0.587669
-1.70%$0.00002309
0.35%$0.564218
-0.14%$4.61
0.45%$2,596.07
3.74%$0.997164
-0.23%$1,801.63
-1.07%$0.986065
-0.90%$186.72
0.85%$2,692.85
3.06%$99.15
-0.10%$11.36
0.44%$0.849539
-1.89%$1.36
-0.37%$0.886869
-1.66%$2.06
3.53%$0.261804
-0.51%$4.75
2.80%$0.728485
0.26%$13.51
0.92%$0.0199826
0.19%$1.29
1.66%$2,938.67
3.52%$0.075036
-0.54%$0.122509
2.44%$1.17
-0.51%$0.0001165
-0.11%$103,674.00
0.77%$1.001
0.08%$1.031
0.14%$0.749392
-2.20%$1.11
1.58%$0.02228929
-1.61%$0.02035726
0.58%$2,765.20
3.45%$660.20
-1.26%$228.33
0.10%$3.26
5.12%$0.999373
0.01%$195.48
0.08%$0.01421984
3.24%$0.357009
-1.97%$103,999.00
0.77%$1.00
0.05%$0.841762
-3.20%$0.658656
0.13%$2,707.60
3.51%$0.082402
6.72%$104,555.00
2.61%$3,250.94
0.61%$40.16
-0.42%$0.00000081
-2.16%$23.92
3.60%$103,122.00
0.87%$0.840642
7.67%$0.247318
-1.60%$1.00
0.00%$2.42
0.02%$3,259.06
0.58%$0.128169
0.43%$0.730199
0.25%$0.459421
0.65%$2,717.13
3.59%$2.06
6.30%$0.684478
0.40%$3.88
-2.20%$12.34
-6.82%$43.34
-0.18%$0.371383
0.83%$2.05
-1.47%$0.184412
-2.82%$4.11
7.80%$0.99775
0.01%$0.999954
0.13%$2.11
-2.96%$0.523748
0.05%$0.236962
0.33%$0.01774538
-1.46%$0.731916
1.33%$1.099
-0.80%$0.188657
2.35%$0.01009427
0.28%$0.227136
0.54%$0.573795
1.11%$2,600.80
3.63%$19.84
0.48%$0.718871
-0.30%$0.00605453
-0.45%$2,599.58
3.63%$0.693589
2.34%$2,767.15
3.54%$111.03
0.02%$8.28
0.16%$103,875.00
0.95%$2,621.36
2.42%$3.23
2.80%$7.33
-0.37%$0.100957
1.79%$0.465847
-1.35%$0.201273
0.04%$0.00002499
-0.44%$1.00
0.02%$0.998353
-0.16%$0.107039
0.29%$103,756.00
0.56%$4.08
-0.28%$0.00923027
0.65%$0.067457
2.37%$0.734172
3.38%$1.97
13.60%$2,601.11
3.61%$0.04904211
0.96%$0.999954
-0.00%$101,871.00
2.33%$1.66
0.70%$0.00000116
4.32%$2,581.66
3.47%$0.440555
12.35%$1.78
0.16%$0.00000044
-1.44%$1.64
1.80%$1.42
6.02%$47.06
-0.21%$0.432495
-1.36%$0.04588948
10.52%$0.254052
-3.43%$0.375285
3.68%$0.155962
-3.06%$104,191.00
2.41%$1.003
-0.42%$1.087
0.03%$0.00590031
0.62%$0.413759
-1.19%$0.193506
0.35%$0.851544
1.49%$0.00381242
-1.29%$0.01965089
-1.78%$0.992897
-0.93%$0.00006916
-0.92%$34.18
-0.03%$2,742.83
3.17%$0.03774274
-2.62%$0.999785
-0.04%$0.00441429
-1.92%$0.890646
-0.57%$140.54
1.59%$0.358284
-4.51%$21.77
-3.54%$0.290654
0.31%$0.00084464
-1.64%$1.00
-0.00%$2,862.13
3.89%$0.00396008
-1.85%$21.35
-0.36%$4.15
-0.09%$0.0000017
2.60%$3.11
4.04%$0.00334944
8.22%$2,832.87
3.47%$0.00
13.82%$25.25
0.46%$25.87
4.84%$0.240669
1.39%$0.741336
0.99%$103,804.00
0.79%$1.18
11.94%$0.558467
-0.39%$1.00
0.08%$2,600.02
3.65%$1.00
-0.14%$2,806.82
3.82%$1.001
0.04%$0.316767
30.06%$2,564.06
2.78%$25.12
0.47%$1.099
0.04%$0.901971
1.65%$0.602524
1.01%$0.731163
0.56%$0.126387
2.03%$0.00393681
-2.40%Reading
Private equity giant Apollo Global bought Verizon Media—a group that includes Yahoo Finance, Yahoo Sports, AOL, TechCrunch, Engadget, and Autoblog—in May 2021 for $5 billion. Now its revenue strategy for those properties is becoming clearer.
Axios reports that Apollo plans to offer sports betting through Yahoo Sports, and retail stock trading on Yahoo Finance.
There are signs it will also look at adding crypto trading.
In the summer of 2021, shortly after announcing it would acquire Yahoo, Apollo approached Mike Novogratz’s Galaxy Digital about the possibility of partnering up to offer crypto trading on Yahoo Finance, two sources told Decrypt last year.
Adding crypto to its retail trading tools would make sense. Yahoo Finance went bigger on crypto data in November 2019 when it announced a partnership with CoinMarketCap to display price data and charts for thousands of cryptocurrencies. Prior to that deal, Yahoo Finance used CryptoCompare for its crypto data and displayed far fewer coins in total. The site also has a crypto heatmap view.
"We’re here to invest," Yahoo CEO Jim Lanzone told Axios. "Investing means not only innovating internally but being open to all partnerships, all M&A possibilities."
But while Yahoo is ready to jump into offering retail investment opportunities, it’s unclear how the company would implement KYC/AML policies, especially after the collapse of FTX has led to even louder calls for crypto regulation from politicians.
It’s also unclear which other crypto trading firms Apollo has approached as a crypto partner. It would need to be a firm with enough liquidity to handle the volume that would come its way through Yahoo, but also one with enough compliance checks to make Apollo feels comfortable aligning with. Apollo partnered with Anchorage Digital in October to offer institutional crypto custody services, making Anchorage a likely candidate. Apollo could also conceivably approach a retail exchange like Binance, Coinbase, or Kraken. Coinbase partnered with BlackRock in August for institutional trading services, which might give Coinbase an edge.
In April, Apollo hired Christine Moy, former blockchain lead at JP Morgan, to be its head of digital assets. Moy told Decrypt at the SALT conference in September that Apollo is “looking to be a real-world practitioner” of blockchain and is interested in “putting real-world assets on-chain.”
Christine Moy of Apollo Global, formerly of JPMorgan, and David Mercer of LMAX, joined Decrypt's Dan Roberts onstage at SALT NY for a talk on institutional crypto investing and what hurdles remain to broader adoption amid the crypto bear market.
Representatives for Apollo Global and Yahoo did not reply to Decrypt’s request for comment.
Robinhood plans to enter the Canadian crypto market by acquiring WonderFi, a Vancouver-based firm backed by Shark Tank personality Kevin O’Leary, the retail brokerage said in a Tuesday press release. Menlo Park, California-based Robinhood agreed to purchase WonderFi, which operates crypto exchanges Bitbuy and Coinsquare, for $179 million in an all-cash deal, the company said. Robinhood’s expansion efforts have until now focused primarily on Europe—last year, Robinhood debuted crypto trading acro...
Dubai's government will accept cryptocurrencies for payments, the finance department said on Monday. After signing a memorandum of understanding with crypto exchange Crypto.com, Dubai Finance, which manages the city's budget, said it would accept digital assets for government fees. It did not specify which digital coins and tokens it plans to accept. Dubai is considered a crypto-friendly city; the emirate last week hosted the Token2049 conference, and a number of digital asset companies are bas...
Coinbase CEO Brian Armstrong has revealed that the crypto exchange considered putting 80% of its balance sheet into Bitcoin—but decided against it over fears it could "kill the company." During a question-and-answer session with customers, executives were asked whether they missed an opportunity to start amassing BTC sooner, given the company had an eight-year headstart on software firm Strategy. We’re live with @brian_armstrong, @GregTusar, and Alesia Haas answering community questions followi...
