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Showing posts with the label assets

Kiyosaki names investment’s ‘biggest lie,’ reveals assets to buy before price explosion

Financial author and investor Robert Kiyosaki, known for his best-selling book “Rich Dad Poor Dad,” has warned about what he considers the “biggest lie” in the financial industry. In an X post on May 25, Kiyosaki claimed that the lie emanates from financial planners who deceive “gullible, mom and pop investors” by promoting the safety of bonds. Consequently, Kiyosaki warned investors, including those deemed sophisticated, that they risk significant losses when AAA bonds—bonds with the highest credit rating—plummet as the commercial real estate market falters. Picks for you 'Dollar is the most widely traded crypto,' dunks senior commodity analyst 29 mins ago ‘Concerning development’ as Treasury ...

KODA’s assets under custody soar past $6 billion

Korea Digital Asset (KODA), a prominent player in the digital asset custody sector, has surpassed 8 trillion won (approximately $6 billion) in assets under custody as of February 22. KODA’s staggering growth Established in November 2020 by blockchain investment firm Hashed, KB Kookmin Bank, and blockchain technology company Haechi Labs, KODA specializes in secure storage and digital asset management for corporate and institutional clients, duly registered by the Financial Intelligence Unit (FIU).  KODA’s custody assets have experienced rapid growth, escalating from 2.3 trillion won (around $1.7 billion) in June 2023 to 8 trillion won (approximately $6.0 billion) by December 2023.  Picks for you Cryptocurrencies priced in cents set to reach $1 in March 9 mins ago Monero price prediction amid historical 100K daily transactions 15 hours ago The Tate Brothers warn about crypto coins using their images 16 hours ago Web3 app store Magic Square reveal...