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Trump’s Fed Nominee Warsh Discloses Over $100 Million Holdings in Crypto and AI

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Trump’s Fed Nominee Warsh Discloses Over $100 Million Holdings in Crypto and AI

Federal Reserve Chair nominee Kevin Warsh filed a 69-page financial disclosure with the US Office of Government Ethics on April 14, revealing assets worth well over $100 million across crypto, AI, and private equity.

The filing clears the last major bureaucratic step before the Senate Banking Committee can schedule his confirmation hearing.

Warsh’s Disclosure Reveals Wide-Ranging Portfolio

The document lists two investments valued at over $50 million each in the Juggernaut Fund LP and $10.2 million in consulting fees from the investment office of billionaire investor Stanley Druckenmiller.

It also includes approximately two dozen positions held through THSDFS LLC, with some individually worth up to $5 million. Those holdings’ details were withheld under confidentiality agreements.

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Dozens of additional assets went unlisted by value but appear concentrated in AI and crypto sectors, according to Reuters.

Among the named crypto-related holdings is Blast, an Ethereum (ETH) layer-two network. Warsh has also previously invested in Bitwise Asset Management, the firm behind a spot Bitcoin (BTC) ETF.

Warsh pledged to divest his Juggernaut Fund and THSDFS positions if confirmed. OGE analyst Heather Jones approved the filing, stating he would be in compliance once those divestitures are complete.

What Comes Next for Warsh’s Confirmation

The Senate Banking Committee has yet to formally schedule his hearing, though it could come as early as next week. The committee had initially targeted April 16 but delayed due to incomplete disclosures.

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However, Senator Thom Tillis (R-NC) has said he will block a final vote on Warsh until a federal criminal probe involving current Fed Chair Jerome Powell is resolved. Powell’s term expires May 15.

“I will oppose the confirmation of any Federal Reserve nominee, including for the position of Chairman, until the DOJ’s inquiry into Chairman Powell is fully and transparently resolved,” Senator Tillis articulated in a late January post.

The post Trump’s Fed Nominee Warsh Discloses Over $100 Million Holdings in Crypto and AI appeared first on BeInCrypto.

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Crypto World

Global recession inevitable if Strait of Hormuz stays shut

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Global recession inevitable if Strait of Hormuz stays shut

Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Tuesday, April 14, 2026.

Aaron Schwartz | Bloomberg | Getty Images

Citadel CEO Ken Griffin said Tuesday that the global economy is headed toward a recession if the Strait of Hormuz stays shut for much longer.

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“Let’s assume [the strait is] shut down for the next six to 12 months — the world’s going to end up in a recession,” Griffin said on stage at the Semafor World Economy conference in Washington, D.C. “There’s no way to avoid that.”

As a result, the world is going to see a massive shift toward alternative fuel sources, including wind, solar and nuclear, he added. To be sure, the hedge fund leader thinks the consequences of the war would have been worse if the U.S. delayed any strikes until Iran’s military capabilities had grown.

Stocks have managed to rebound back to where they were before the U.S. first attacked Iran in February, but the optimistic sentiment among investors is contingent on the duration of the war in the Middle East. Many expect risks of an escalation in tensions between the two countries are not at all priced into the market.

Global economies especially in Asia remain vulnerable to spikes in oil prices, which remain elevated at around $100 a barrel. That’s off their highs during the conflict, but remain far above where they were before the war, at just below $70 a barrel.

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Paxos Labs Raises $12M to Launch Crypto Yield and Lending Platform

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Paxos Labs Raises $12M to Launch Crypto Yield and Lending Platform

Paxos Labs has raised $12 million in a strategic funding round led by Blockchain Capital to expand its Amplify platform, a suite of tools that lets companies offer crypto yield, lending and stablecoin issuance through a single integration.

The Amplify suite includes three modules — Earn, Borrow and Mint — allowing platforms to generate yield on digital assets, enable crypto-backed loans and issue branded stablecoins with a single integration designed to unlock additional features over time.

According to Tuesday’s announcement, the platform provides a single SDK with configurable controls, while Paxos Labs manages liquidity, counterparty vetting and backend operations, and shares a portion of generated revenue with integrating partners.

The company said partners including Aleo, Hyperbeat and Toku are already using the platform, with Hyperbeat reporting more than $510,000 in assets under management since launching on April 9. The raise also included participation from Robot Ventures, Maelstrom and Uniswap.

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