Vanguard’s $1.3 Trillion Blockchain Makes Bundesbank Look Foolish

Vanguard’s $1.3 Trillion Blockchain Makes Bundesbank Look Foolish 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Vanguard, the world’s largest provider of mutual funds, is using blockchain to power their enterprise. The investing giant, which popularized mutual funds and exchange-traded funds (ETFs) for the common investor, has been using distributed ledger technology to manage $1.3 trillion worth of index funds, Forbes reports. Vanguard’s Blockchain Manages More Than $1 Trillion in Assets Since February, Vanguard has used blockchain to manage financial data for one-quarter of its assets, valued at $1.3 trillion. More than just a one-off trial, the service is operating live for millions of…

Elon Musk's SpaceX, With a $33.3B Valuation, Is About to Eclipse Tesla

Elon Musk's SpaceX, With a $33.3B Valuation, Is About to Eclipse Tesla 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: As markets close Friday, Elon Musk’s aerospace venture SpaceX is poised to eclipse his car company Tesla in market value for the first time. Tesla’s stock is trading down 1.5% at press time with a $33.01 billion market cap attached. According to CNBC, SpaceX is valued at $33.3 billion. Additionally, SpaceX will be worth more than Tesla for the first time if $TSLA closes below $188.38 per share.https://t.co/BnRApsCBQa pic.twitter.com/Ncp0Dc3lkb — Michael Sheetz (@thesheetztweetz) May 31, 2019 SpaceX boasts an updated market valuation after a recent fundraising round. CNBC’s…