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- Stablecoins With Interest, Arta Finance Agents, Maybe AI Shouldn't be Your RIAs Top Priority
Stablecoins With Interest, Arta Finance Agents, Maybe AI Shouldn't be Your RIAs Top Priority
Also - Self Service and AI, SandboxAQ Raises $150 Million from Google and Nvidia and more
Crypto Executives Lobby Congress to Allow Stablecoins to Pay Interest
Cryptocurrency executives are urging Congress to permit stablecoin issuers to pay interest to token holders. Supporters argue that allowing interest payments would benefit consumers by treating stablecoins more like bank deposits.
This push comes as U.S. lawmakers advance bills to establish a regulatory framework for stablecoins.
Self-Service and AI Are Redefining Wealth Management
A recent report highlights six trends transforming wealth management, including the rise of interactive, tailored financial planning and the integration of AI-driven tools.
Clients now expect more personalized and data-driven advice, prompting firms to adopt new technologies to meet these demands..
Arta Finance Takes Trip Down AI Agent Route
Arta Finance has launched Arta AI, providing clients with AI agents to analyze portfolios, explore investment ideas, and access financial insights on demand.
This initiative aims to democratize access to sophisticated investment tools traditionally available only to high-net-worth individuals.
Advisor360° Launches Parrot AI™: A Secure, Compliant Generative AI Assistant for Financial Advisors
Advisor360° has unveiled Parrot AI™, a generative AI-powered meeting assistant designed to transform how financial advisors manage client interactions and daily workflows.
Parrot AI™ aims to enhance efficiency and compliance in client communications.
AI Quantum Startup SandboxAQ Raises $150 Million with Support from Google and Nvidia
SandboxAQ, an AI startup spun off from Alphabet in 2022, secured an additional $150 million in funding from major technology and financial players, including Google, Nvidia, and BNP Paribas.
SandboxAQ utilizes quantum computing techniques to develop Large Quantitative Models (LQMs) that analyze extensive numerical datasets and perform complex computations, with applications in fields such as drug discovery and financial modeling. The models are accessible through platforms like Google Cloud.
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