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Markets welcome Powell decision

Markets welcome Powell decision

NFT music rights startup Royal banks $55M investment led by a16z Crypto

  • European markets closed mixed with stocks recovering some lost ground after investors reacted positively to news about U.S. President Joe Biden deciding to reappoint Jerome Powell as the Chairman of the Federal Reserve
  • Less than three months after announcing a $16 million seed round, #NFT music rights startup Royal has raised another major bout of funding, banking a $55 million Series A from Andreessen Horowitz's #crypto investment arm
  • #Tesla Inc is planning to spend more than $1 billion on its new vehicle factory in Austin, Texas, and plans to complete construction by the end of this year, public filings show
  • #XAUUSD plummeted 2.2%
  • #EURUSD dropped 0.3%


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