Cryptocurrency ether hit a record high on Wednesday, taking gains this year to almost 500% on the back of a growing interest in decentralised finance applications.
Browsing: JP Morgan
The enormous rally in tech stocks has further to run, according to analysts at investment bank JP Morgan, who recommend staying invested across the sector for its growth potential.
Mainstream financial institutions are adopting cryptocurrencies in what is perhaps the most profound development since the birth of bitcoin a decade ago.
Summit Partners announced on Tuesday that is investing €20m (R224m) in the German parent company of online fashion retailer Zando. Much of the cash will reportedly flow to the South African arm of the company. Last month, the European company secured an investment from JP Morgan
SA’s largest online fashion retailer, Zando, has secured an investment from JP Morgan Asset Management. The investment will be made through Zando’s German holding company and will see the US investment firm take a stake worth more than US$10m, though the exact figure has not been disclosed. The company