BlackRock Backs AI, Stablecoins; Crypto Gains Traction

BlackRock, the worlds largest asset manager, is adopting a risk-on approach for investors in 2026, favoring equities and emphasizing the impact of AI and stablecoins on financial markets. The firm advocates for selective investments in sectors poised to benefit from these mega forces, validating the role of digital assets in the evolving financial landscape. Meanwhile, Coinbase is piloting stablecoins with top banks, Polymarket launches its mobile app, and Kalshi faces a cease and desist order for allegedly conducting unlicensed online gambling. These developments highlight a dynamic period in finance, where traditional institutions are increasingly engaging with digital assets while regulatory bodies work to define their boundaries.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.