Jane Street Capital

ZetaChain Raises $27M for Interoperable Layer-1 Blockchain That Connects All Chains, Including Bitcoin, Cosmos, and Ethereum

Retrieved on: 
Thursday, August 17, 2023

SAN FRANCISCO, Aug. 17, 2023 /PRNewswire/ -- ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and others.

Key Points: 
  • ZetaChain started in 2021 and has close to 150 contributors from all over the world.
  • ZetaChain's Ethereum Virtual Machine compatible smart contract layer and omnichain toolkit empower developers to seamlessly implement Bitcoin smart contracts.
  • These represent a diverse range of third-party decentralized applications, including cross-chain DeFi, NFTs, universal web3 social, identity, and gaming protocols.
  • Instead, ZetaChain operates as a transparent Proof-of-Stake blockchain, ensuring complete transparency, verifiability, and trust-minimized functionality for all transactions and activities, including cross-chain transactions.

ZetaChain Raises $27M for Interoperable Layer-1 Blockchain That Connects All Chains, Including Bitcoin, Cosmos, and Ethereum

Retrieved on: 
Thursday, August 17, 2023

SAN FRANCISCO, Aug. 17, 2023 /PRNewswire/ -- ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and others.

Key Points: 
  • ZetaChain started in 2021 and has close to 150 contributors from all over the world.
  • ZetaChain's Ethereum Virtual Machine compatible smart contract layer and omnichain toolkit empower developers to seamlessly implement Bitcoin smart contracts.
  • These represent a diverse range of third-party decentralized applications, including cross-chain DeFi, NFTs, universal web3 social, identity, and gaming protocols.
  • Instead, ZetaChain operates as a transparent Proof-of-Stake blockchain, ensuring complete transparency, verifiability, and trust-minimized functionality for all transactions and activities, including cross-chain transactions.

Academy Asset Management Launches the Academy Veteran Impact ETF (NYSE: VETZ)

Retrieved on: 
Tuesday, August 8, 2023

Academy Asset Management, a SEC registered investment adviser, certified Disabled Veteran Business Enterprise (DVBE), and Service Disabled Veteran Owned Business (SDVOB), announced the launch of the Academy Veteran Impact ETF (NYSE: VETZ), the first publicly traded ETF to primarily invest in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses.

Key Points: 
  • Academy Asset Management, a SEC registered investment adviser, certified Disabled Veteran Business Enterprise (DVBE), and Service Disabled Veteran Owned Business (SDVOB), announced the launch of the Academy Veteran Impact ETF (NYSE: VETZ), the first publicly traded ETF to primarily invest in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses.
  • Academy Asset Management serves as the fund’s sub-adviser, is Veteran owned and operated, and is committed to opportunities for veterans, primarily through its social mission to hire, train, and mentor military veterans.
  • “We are extremely excited as we unveil this groundbreaking ETF, poised to make a profound impact on veterans,” stated Academy Asset Management’s CIO Seth Rosenthal, “This ETF reaches new heights in our dedication to support those who have served.”
    Academy Asset Management is a preeminent disabled veteran-owned SEC registered investment adviser focused on fixed-income funds and separately managed accounts.
  • Academy Asset Management is our nation’s first post-9/11 disabled veteran owned institutional asset manager.

US Benchmark Series Rolls Out Final Five Products to Complete Its Suite of Treasury ETFs

Retrieved on: 
Tuesday, March 28, 2023

The five new ETFs are:

Key Points: 
  • The five new ETFs are:
    US Treasury 30 Year Bond ETF (Ticker: UTHY)
    US Treasury 20 Year Bond ETF (Ticker: UTWY)
    US Treasury 7 Year Note ETF (Ticker: USVN)
    US Treasury 5 Year Note ETF (Ticker: UFIV)
    US Treasury 3 Year Note ETF (Ticker: UTRE)
    The US Benchmark Series is a family of US Treasury ETFs designed to simplify access to the US Treasury market.
  • The US Benchmark Series aims to address under-performance of investor expectations by existing products in the marketplace, specifically regarding duration management.
  • Jane Street also is the lead market maker for the original five ETFs of the US Benchmark Series.
  • The five new ETFs, like the original five in the Series, will be listed on the NASDAQi and housed with The US Benchmark Series’ current series trust provider, The RBB Fund, Inc.

US Benchmark Series Announces Launch of the US Treasury 6 Month Bill ETF

Retrieved on: 
Tuesday, March 7, 2023

Each ETF in the US Benchmark Series holds the most current (“on the run”) US Treasury security that corresponds to its tenor.

Key Points: 
  • Each ETF in the US Benchmark Series holds the most current (“on the run”) US Treasury security that corresponds to its tenor.
  • XBIL joins the other four ETFs in the US Benchmark Series, which now give investors direct access to the US Treasury market at five points along the yield curve:
    US Treasury 10 Year ETF (Ticker: UTEN);
    US Treasury 2 Year ETF (Ticker: UTWO);
    US Treasury 12 Month Bill ETF (Ticker: OBIL);
    US Treasury 6 Month Bill ETF (Ticker: XBIL); and
    US Treasury 3 Month Bill ETF (Ticker: TBIL).
  • Since the initial launch of the US Benchmark Series last August, the ETFs have raised over $700 million of combined AUM.
  • The US Benchmark Series offers investors the following:
    Simplified access to the current benchmark tenor US Treasury securities.

Personal.ai Has Raised $7.8 Million In Seed Capital To Build Its Personal Language Model, Sets Out To Revolutionize Human-to-Human Conversations With Personal AIs, Prepares For Series A In 2023

Retrieved on: 
Tuesday, January 10, 2023

The Company has raised $7.8 million to-date to develop its proprietary personal language model.

Key Points: 
  • The Company has raised $7.8 million to-date to develop its proprietary personal language model.
  • Personal.ai has developed a personal language model (PLM) called Generative Grounded Transformer (GGT-1), which, in contrast to OpenAI’s GPT-3, trains on personal data rather than public data.
  • These stacks allow users to seamlessly recall their experiences by asking questions, drafting personal responses, and more.
  • Our mission is to make Personal AIs accessible to everyone,” said Suman Kanuganti, Co-Founder and CEO of Personal.ai.

US Benchmark Series Announces Launch of the US Treasury 12 Month Bill ETF

Retrieved on: 
Monday, November 14, 2022

Today, The US Benchmark Series, a brand of F/m Investments (F/m), a $4 billion multi-boutique investment advisor based in Washington DC, is proud to announce the launch of the US Treasury 12 Month Bill ETF (Ticker OBIL).

Key Points: 
  • Today, The US Benchmark Series, a brand of F/m Investments (F/m), a $4 billion multi-boutique investment advisor based in Washington DC, is proud to announce the launch of the US Treasury 12 Month Bill ETF (Ticker OBIL).
  • The US Benchmark Series allows investors of all sizes to own each of the Benchmark US Treasuries in a single-security ETF.
  • Fund Risks: The value of the UST 12 Month Bill Funds investments may decrease, which will cause the value of the UST 12 Month Bill Funds Shares to decrease.
  • As a result, you may lose money on your investment in the UST 12 Month Bill Fund, and there can be no assurance that the UST 12 Month Bill Fund will achieve its investment objective.

F/m Investments Announces Launch of the US Benchmark Series

Retrieved on: 
Tuesday, August 9, 2022

The US Benchmark Series ( www.ustreasuryetf.com ) will allow investors of all sizes to own each of the Benchmark US Treasuries in a single-security ETF.

Key Points: 
  • The US Benchmark Series ( www.ustreasuryetf.com ) will allow investors of all sizes to own each of the Benchmark US Treasuries in a single-security ETF.
  • We believe The US Benchmark Series will revolutionize the financial markets, making the most liquid securities (US Treasuries) accessible to everyone in a simplified way, said Alexander Morris, F/ms President, CIO, and Co-Creator of the US Benchmark Series.
  • The US Benchmark Series broadens access to treasury markets, allowing investors greater flexibility and ease in meeting their individual investment goals.
  • The RBB Fund, Inc., the first organized multiple series trust founded in 1988, is a registered open-end investment company organized as a series trust.

Virtu Financial Announces Formation of Consortium to Drive Expansion of RFQ-hub platform

Retrieved on: 
Thursday, May 19, 2022

In addition to Virtu, founding consortium members include liquidity providers Citadel Securities, Flow Traders and Jane Street Capital, asset manager BlackRock and leading electronic trading platform MarketAxess.

Key Points: 
  • In addition to Virtu, founding consortium members include liquidity providers Citadel Securities, Flow Traders and Jane Street Capital, asset manager BlackRock and leading electronic trading platform MarketAxess.
  • MarketAxess will be taking a significant minority stake in the platform.
  • The goal of the newly formed consortium is to support the next stage of growth for RFQ-hub by fostering the creation of a global institutional platform designed specifically for these instruments.
  • Virtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients.

ADAM Expands Board and Membership

Retrieved on: 
Wednesday, May 4, 2022

WASHINGTON, May 4, 2022 /PRNewswire/ -- The Association for Digital Asset Markets ("ADAM" or "the Association") today announced that trading firm Jane Street Capital ("Jane Street") has joined its board, and that accounting, consulting and technology firm Crowe LLP and crypto-native trade surveillance and risk monitoring provider Solidus Labs have joined ADAM's member roster. 

Key Points: 
  • ADAM's new leadership and expanded membership builds on its February 2022 announcement detailing ADAM's goal to grow its diverse membership and forge new strategic partnerships.
  • ADAM is the industry's leading standard-setting and self-regulatory association, seeking to build a stronger and more efficient digital asset marketplace.
  • Each firm will bring strategic expertise to advance and expand the ADAM mission and its Code of Conduct," said ADAM CEO Michelle Bond.
  • In furtherance of this, ADAM released a principles-based Code of Conduct in late 2019 that sets certain standards of professional conduct for ADAM members.