Tag

Nubank

All articles tagged with #nubank

OpenAI Expands Boards With Nubank's Vélez and BNY's Vince Ahead of Potential IPO
business1 month ago

OpenAI Expands Boards With Nubank's Vélez and BNY's Vince Ahead of Potential IPO

OpenAI named Nubank CEO David Vélez and BNY CEO Robin Vince to its nonprofit OpenAI Foundation board and its for-profit OpenAI Group PBC board, as part of governance steps after October’s recapitalization that established the nonprofit and gave it a controlling stake in the for-profit unit; the appointments bring seasoned financial leaders to advise on tech-driven growth ahead of a potential IPO, joining existing directors like Bret Taylor and Sam Altman.

Bitcoin Dominance Surges, Outpacing Buffett's Crypto Bet.
cryptocurrency3 years ago

Bitcoin Dominance Surges, Outpacing Buffett's Crypto Bet.

Bitcoin and Coinbase are outperforming Warren Buffett's investment in Nubank, a Brazilian fintech company that offers crypto trading services. While Nubank has risen by only 26% YTD, Bitcoin is up nearly 55% and Coinbase has seen the biggest rebound, rising over 100%. Despite Nubank's crypto exposure and price decline, Buffett has not sold a single share. Meanwhile, Cathie Wood is doubling down on Coinbase shares via her ARK Invest ETFs. Overall, holding Bitcoin is proving to be a better strategy year-over-year than traditional stocks and crypto-exposure stocks.