Core Insights - Ondo Finance has partnered with State Street Investment Management and Galaxy Asset Management to launch a tokenized private liquidity fund named SWEEP, aimed at integrating traditional cash management on-chain using Galaxy's tokenization infrastructure [1][2] - The SWEEP fund is set to debut on the Solana blockchain in early 2026, with Ondo's flagship product OUSG planning to allocate approximately $200 million as the anchor investor [1][4] - The partnership is expected to enhance OUSG's 24/7 liquidity network, with Galaxy providing the digital infrastructure for the issuance and management of SWEEP tokens [2] Product Details - The State Street Galaxy Onchain Liquidity Sweep Fund will enable investors to transfer cash balances into a digital vehicle, offering continuous access via PayPal's stablecoin, PYUSD [3] - State Street will manage treasury assets for the new fund through its banking division, State Street Bank and Trust Company [3] - OUSG, valued at $770 million, provides investors with tokenized exposure to US treasuries and will benefit from the addition of SWEEP as a high-quality reserve option [4] Regulatory Context - The announcement of the partnership follows the SEC's closure of a two-year investigation into Ondo Finance, which examined whether Ondo's tokenization practices complied with federal policies and if the ONDO token was classified as a security [5] - Despite the investigation, Ondo Finance's OUSG maintains a multichain presence across Ethereum, Solana, Ripple, and Polygon [5] Market Reaction - Market observers suggest that the ongoing partnerships may enhance the visibility and presence of Ondo's native token, ONDO, which experienced a relief rally above the $0.50 mark earlier in the week, although it faced a 5% daily loss on December 11 [6]

RT Ondo Finance (@OndoFinance)Ondo Finance has joined with State Street Investment Management and Galaxy Asset Management to announce plans for SWEEP, a new private tokenized liquidity fund bringing traditional cash management onchain.OUSG, Ondo’s flagship tokenized fund, plans to serve as the lead anchor investor in SWEEP, utilizing the fund to further diversify its reserves and enhance access to 24/7 liquidity for OUSG investors.OUSG holds a diversified basket of institutional tokenized U.S. Treasury fund ...

Core Insights - The Nicholas Bitcoin and Treasuries AfterDark ETF aims to trade Bitcoin-linked assets during off-hours of the US market, specifically after market close and before market open [2][4]. Group 1: ETF Strategy - The AfterDark ETF plans to allocate at least 80% of its assets to trading BTC futures contracts, Bitcoin ETPs, ETFs, and options on those products [4]. - This ETF strategy is designed to capitalize on the most profitable trading hours, which have historically been during Asian market hours [5][8]. Group 2: Performance Data - An investor who bought shares of the BlackRock iShares Bitcoin Trust ETF (IBIT) at the US market close and sold them at the next day's open would have gained approximately +222% since January 2024, while buying at the open and selling at the close would have resulted in a loss of -40.5% [5]. - The AfterDark ETF strategy of buying IBIT shares at the NY market close and selling at the subsequent NY market open would have outperformed a simple buy-and-hold strategy by more than +100% [7]. Group 3: Market Context - Bitcoin is currently trading at $90,090, down 2.1% on the day following a recent FOMC meeting where the US Fed cut interest rates by 25 basis points [3]. - For Bitcoin to regain momentum and aim for prices above $100,000, it needs to hold above $90,000 and reclaim $96,000 [3]. Group 4: Launch Timeline - The AfterDark ETF is expected to go live in approximately 75 days, around mid-February 2026 [8].

Core Viewpoint - Ares Management, L.P. is set to join the S&P 500, which is expected to enhance its visibility and attract investor interest [1][5] Company Overview - Ares Management, L.P. is a global alternative asset manager providing investment solutions across credit, private equity, real estate, and infrastructure [1] - The company's market capitalization is approximately $38.66 billion, indicating a substantial presence in the financial sector [3][5] Stock Performance - Michael Brown from UBS has set a price target of $201 for ARES, suggesting a potential upside of approximately 12.73% from its current trading price of $178.30 [2][5] - The stock has experienced significant fluctuations over the past year, with a high of $200.49 and a low of $110.63 [3] - ARES's stock has seen a 1.19% increase today, reaching a high of $181.19 [2] Investor Interest - Today's trading volume for ARES is 9,378,741 shares, indicating strong investor interest [4][5] - The inclusion of ARES in the S&P 500 could potentially attract more institutional investors, enhancing its market presence [4]

Core Viewpoint - A class action lawsuit has been filed against Blue Owl Capital Inc. for alleged securities fraud and unlawful business practices, with investors encouraged to join the lawsuit [1][2]. Financial Performance - Blue Owl reported fee-related earnings of $376.2 million for Q3 2025, missing consensus estimates, with fee-related earnings margins at 57.1%, falling short by approximately 20 basis points [3]. - Performance revenue declined by 33% year-over-year, amounting to only $188,000 [3]. Stock Price Movements - Following the Q3 earnings report, Blue Owl's stock price dropped by $0.70, or 4.23%, closing at $15.86 on October 30, 2025 [4]. - After the announcement of a merger agreement between Blue Owl Capital Corporation and Blue Owl Capital Corporation II, the stock price fell by $0.74, or 4.72%, to close at $14.95 on November 6, 2025 [4]. - A subsequent article from The Financial Times indicated potential losses for investors in connection with the merger, leading to a further decline in stock price by $0.85, or 5.8%, closing at $13.77 on November 17, 2025 [5]. - On November 19, 2025, Blue Owl announced the termination of the proposed merger due to current market conditions [6].

Richard Clar is here, former vice chairman of the Federal Reserve and global ep e e e e e e e e e e e e e e e e e e e economic adviser at PINCO. Thanks Rich for coming in. Um yeah, glad to be here.>> And I was going to start with a half empty half full analysis. So if if JPAL on the one hand says man um we look at at what's going on and we're worried about inflation and we're worried about uh the jobs market. This is a really complicated time for monetary policy.That's the half empty. the half full is, you ...

Core Viewpoint - The performance of gold is closely tied to the Federal Reserve's interest rate decisions, with lower rates typically boosting demand for gold as a safe-haven asset [1][2]. Group 1: Gold Market Performance - Spot gold closed at $4,239.43 per ounce in November, marking the highest monthly close ever for the precious metal [2]. - The uncertainty surrounding the Fed's rate regimen and the U.S. economy supports both potential rate cuts and increased gold exposure [2]. Group 2: Investment Strategies - The Sprott Physical Gold Trust (PHYS) offers investors a straightforward way to gain exposure to gold bullion, with its NAV rising 60.25% year-to-date as of November 30, 2025 [3]. - The Sprott Physical Gold and Silver Trust (CEF) provides a diversified investment option, investing in both gold and silver bullion, with its NAV increasing 71.44% year-to-date as of November 30, 2025 [4][5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Blue Owl Capital Inc. regarding a class action lawsuit due to alleged misleading statements and undisclosed liquidity issues during a specified class period [1]. Group 1: Allegations - The complaint alleges that Blue Owl was under significant pressure on its asset base from redemptions by business development companies [1]. - It is claimed that the company faced undisclosed liquidity issues as a result of these pressures [1]. - The lawsuit suggests that Blue Owl may need to limit or halt redemptions of certain business development companies [1]. - Defendants' positive statements about the company's business and prospects are alleged to be materially misleading and lack a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as February 6, 2025, to November 16, 2025 [1]. - Shareholders are encouraged to register for the class action by February 2, 2026, to potentially be appointed as lead plaintiff [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. Group 3: Law Firm Background - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and good corporate citizenship [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].

Group 1 - Lawrence Fuller has 30 years of experience managing portfolios for individual investors, starting at Merrill Lynch in 1993 and later founding Fuller Asset Management for independence [1] - Fuller Asset Management manages the Focused Growth portfolio on Dub, a copy-trading platform approved by US securities regulators, allowing retail investors to automatically copy chosen managers' trades [1] - The Portfolio Architect, led by Fuller, focuses on an economic and market outlook that supports an all-weather investment strategy aimed at consistent risk-adjusted returns [1] Group 2 - The services offered by Fuller Asset Management include portfolio construction guidance, access to an "All-Weather" model portfolio, a dividend and options income portfolio, daily briefs, weekly newsletters, technical and fundamental reports, trade alerts, and 24/7 chat support [1]

Core Insights - Blackstone Group is a leading global investment firm specializing in alternative asset management, with a diverse portfolio that includes private equity, real estate, and credit [1] - The company's strategic focus on data centers reflects its commitment to investing in infrastructure that supports technological advancements [1][3] - UBS has set a price target of $175 for Blackstone, indicating a potential upside of approximately 11.75% from its current trading price of $156.60, showcasing confidence in the company's market position and strategic investments [2][6] Company Performance - Blackstone's stock has shown recent trading activity between $150.94 and $157.30, with a market capitalization of approximately $187.93 billion, indicating its dominance in the investment landscape [4][6] - The stock has experienced significant price movement over the past year, with a high of $192.17 and a low of $115.66 [4] - Today's trading volume for BX is 5,039,799 shares, highlighting active investor interest in the company [5] Strategic Focus - The emphasis on data centers as a promising investment opportunity aligns with Blackstone's long-term growth strategy, particularly in the context of increasing investments in AI hardware [3][6] - Data centers are recognized as vital in supporting the digital economy and technological advancements, reinforcing their importance in Blackstone's investment strategy [3]