BlackRock Private Credit Strain Weighs on Crypto Markets

TLDR BlackRock limited withdrawals from its 26 billion dollar private credit fund after redemption requests increased. Blue Owl sold 1.4 billion dollars in loans to meet investor withdrawals. Shares of BlackRock, Apollo, Ares, and KKR fell between four and...

BlackRock Private Credit Strain Weighs on Crypto Markets - BitRSS | CryptoBeast Crypto News
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