JUST IN: Harvard is investing $120M in BlackRock’s Bitcoin ETF 🚀 https://t.co/bIJhy84RjY ...

Market Trend - Capital is shifting from token speculation to infrastructure usage [1] - The old narrative of "buy token" is evolving into a new narrative of "use infrastructure" [1] Infrastructure Adoption - BlackRock has deployed $2.3 billion [1] - Banco Inter is onboarding 34 million users [1] Revenue Generation - Integrations are generating $1.1 million in daily revenue [1]

⛓️ Asset onchain > Asset in Excel 🗒️The world's leading asset managers understand this.Tokenized AUM by RWA issuer:🥇 @BlackRock $2.3B🥈 @OndoFinance $1.3B🥉 @superstatefunds $654.3M4⃣ @WisdomTreePrime $581.9M5⃣ @Spiko_finance $381.4M https://t.co/ozSU91NaZx ...

香港交易所信息显示，贝莱德在美团-W的持股比例于08月05日从6.16%降至5.88%。 本文源自：金融界AI电报 ...

每经AI快讯，8月8日，香港交易所信息显示，贝莱德在美团-W的持股比例于8月5日从6.16%降至 5.88%。 ...

（文章来源：每日经济新闻） 每经AI快讯，8月8日，香港交易所信息显示，贝莱德在招商银行的持股比例于8月5日从5.00%降至 4.98%。 ...

每经AI快讯，8月8日，香港交易所信息显示，贝莱德在工商银行的持股比例于8月5日从4.93%升至 5.16%。 （文章来源：每日经济新闻） ...

Core Insights - BlackRock TCP Capital Corp. (TCPC) experienced a decline in net asset value (NAV) in Q2 2025, primarily due to markdowns on previously restructured portfolio companies rather than new credit issues [12][19] - The company reduced nonaccruals to 3.7% of the portfolio's fair market value, down from 4.4% in Q1 2025 and 5.6% at the end of 2024, indicating improved management of distressed assets [12][19] - The acquisition of HPS by BlackRock has led to the formation of the Private Financing Solutions (PFS) platform, which is expected to enhance TCPC's investment sourcing and risk management capabilities [11][41] Financial Performance - Net realized losses for Q2 2025 totaled approximately $66 million, or $0.78 per share, mainly due to restructurings in several portfolio companies [3][36] - Adjusted net investment income was $0.31 per share in Q2 2025, down from $0.36 per share in Q1 2025; gross investment income was $0.61 per share, down from $0.66 [7][34] - The weighted average annual effective yield was 12% in Q2 2025, compared to 12.2% in the prior quarter [7][33] Portfolio Management - The portfolio included 153 companies across more than 20 industry sectors, with an average investment size of $11.7 million [6][32] - 89% of the $1.8 billion portfolio was invested in senior secured debt, all in floating-rate instruments [6][32] - Four new investments were added to nonaccrual status in Q2 2025 due to uneven performance and liquidity constraints [4][19] Dividend and Share Repurchase - A regular dividend of $0.25 and a special dividend of $0.04 per share were declared for Q2 2025, payable on September 30 [8][24] - The company repurchased 40,830 shares during Q2 2025 [8][25] Leverage and Liquidity - Total liquidity at the end of Q2 2025 was $566 million, with available leverage of $155 million and cash of $107 million [9][37] - Net regulatory leverage rose to 1.28 times, exceeding the targeted range of 0.9 to 1.2 times, due to new investments and delayed repayments [3][38] Strategic Outlook - Management expects net regulatory leverage to return to approximately Q1 2025 levels in the next quarter following investment deployments and delayed repayments [14] - The integration into the PFS platform is anticipated to provide enhanced sourcing and allocation capabilities, benefiting TCPC's investment strategy [41][42]

The head of BlackRock's Canadian unit, Marcia Moffat, will leave the firm next year, according to an internal memo https://t.co/ASPX4pO68K ...

Group 1 - The U.S. President Donald Trump is set to sign an executive order allowing private equity, cryptocurrencies, and other alternative assets to be included in 401(k) retirement plans [1] - The order will instruct the U.S. Department of Labor to reassess guidelines regarding alternative asset investments in retirement plans [1] - The Labor Secretary Lori Chavez-DeRemer will coordinate with the SEC, Treasury, and other federal regulators to determine if rule modifications are necessary [1] Group 2 - The executive order aims to alleviate concerns among plan managers about offering illiquid and complex financial products to retirement plan participants [1] - Currently, most fixed contribution plans primarily consist of stocks and bonds [1] - Asset management firms view the new regulations for 401(k) plans as a growth opportunity, especially since many institutional investors have reached their private equity investment limits [1] Group 3 - Companies that may benefit from the new 401(k) regulations include Blackstone (BX.US), KKR (KKR.US), Apollo Global Management (APO.US), and BlackRock (BLK.US) [1]