MAROKO133 Breaking crypto: Blue Owl Stock Crashes to All-Time Low After $5.4 Billion Redem

📌 MAROKO133 Eksklusif crypto: Blue Owl Stock Crashes to All-Time Low After $5.4 Bi

Blue Owl Capital (OWL) stock sank to a fresh all-time low of $7.95 on April 2. This comes after the firm told investors it would cap withdrawals on two of its private credit funds, following $5.4 billion in redemption requests in the first quarter alone.

The private capital manager has now lost more than 40% of its market value year-to-date, as investor confidence in the $1.8 trillion private credit sector continues to erode.

Blue Owl disclosed that its $36 billion flagship fund, Blue Owl Credit Income Corp (OCIC), received redemption requests totaling 21.9% of shares outstanding during the first quarter. 

It’s technology-focused Blue Owl Technology Income Corp (OTIC) saw an even more dramatic surge. Investors sought to withdraw 40.7% of shares from this $6.2 billion fund. In both vehicles, the firm opted to cap redemptions at 5%.

“We continue to observe a meaningful disconnect between the public dialogue on private credit and the underlying trends in our portfolio,” Blue Owl noted in the shareholder letters.

Blue Owl is far from alone. Apollo Global Management imposed an identical 5% cap after receiving redemption requests exceeding 11% of outstanding shares. BlackRock has also gated withdrawals from its $26 billion fund.

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Bloomberg data suggests that withdrawal requests across more than a dozen private credit funds have totaled approximately $13 billion as of late March. Private capital managers have faced mounting pressure as market turbulence and fears over AI-driven disruption to software borrowers push investors toward the exits.

The post Blue Owl Stock Crashes to All-Time Low After $5.4 Billion Redemption Requests appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com

📌 MAROKO133 Eksklusif crypto: BlackRock Is Paying $350,000 for Crypto Executives:

Leading Wall Street firms BlackRock, Goldman Sachs, Morgan Stanley, and Citigroup are actively posting crypto jobs, not for experimental blockchain labs, but for permanent digital asset desks running live revenue operations. This is a structural build, not a pilot program.

The numbers confirm the scale. Crypto companies listed 5,154 open positions in early 2025, a 40%+ rise from late 2023.

BlackRock alone posted a New York Managing Director role for crypto at $270,000–$350,000. Goldman Sachs has disclosed $2 billion in crypto exposure. The ETF approval wasn’t a catalyst – it was the starting gun.

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What the Shift Actually Signals – and Why This Cycle Is Different From 2021

The last time Wall Street rushed into crypto jobs was 2021. That wave was driven by retail speculation, NFT hype, and internal pressure to appear innovative.

The 2022 FTX collapse and subsequent market crash wiped out more than 70% of crypto jobs globally – and most of those TradFi crypto units quietly dissolved with them.

This cycle is structurally different. The demand driver is regulated product infrastructure: spot Bitcoin ETFs, Ethereum ETFs, and the tokenization of real-world assets (RWAs).

BlackRock’s IBIT has generated historic AUM growth, and that volume demands middle-office expansion – reconciliation, fund accounting, reporting – roles that are operational, not experimental.

Sam Wellalage, founder of recruitment agency WorkInCrypto, put it plainly: “When I speak with CEOs from TradFi who are now building digital assets, they consistently say the same thing: Crypto will ultimately be integrated into TradFi, not exist separately.” That framing matters – integration implies permanent headcount, not rotating project teams.

The regulatory environment has accelerated the timeline. The Trump administration’s pro-crypto posture – light-touch regulation, an explicit goal of making the US the crypto capital of the world – has given compliance and legal teams the green light to build rather than wait. Regulatory clarity at the federal level is precisely what makes a permanent digital asset division viable inside a bank that answers to the SEC.

Wellalage flagged the skills threshold that will define the 2026 hiring class: “Institutional recruitment in 2026 will be about finding digital asset leaders who can operate at the intersection of capital, markets, and regulation – not just crypto enthusiasm.” That distinction – capital plus markets plus regulation, not enthusiasm – is what separates this buildout from the 2021 experiment.

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TradFi vs Crypto Desk: The Role Map

The talent pipeline runs in both directions, but the dominant flow right now is TradFi into institutional digital assets – and the role categories are specific. ETF market makers, crypto derivatives traders, digital asset compliance officers, tokenization engineers, and custody operations specialists are the positions drawing the most competitive offers.

BlackRock is staffing for senior portfolio and product roles that sit directly on top of IBIT’s operational infrastructure.

Goldman Sachs – which reported a significant uptick in clients trading crypto derivatives – is building on its existing trading desk capabilities. Citigroup posted a VP-level backend engineer for digital finance. JPMorgan, which launched its Onyx blockchain platform for tokenized assets in 2021, is now hiring lead engineers to scale that infrastructure rather than prototype it.

The skills that transfer cleanly from TradFi: fixed income structuring, derivatives risk management, fund accounting, regulatory compliance, and institutional sales. The skills that must be learned on the job: on-chain settlement mechanics, wallet custody architecture, tokenomics, and DeFi protocol risk – areas where crypto-native firms like Coinbase, Galaxy, and Grayscale still hold a decisive edge.

That edge is also a competitive threat. Platforms building permanent digital asset divisions – including exchange operators now operating under formal regulatory licenses – are drawing from the same talent pool as the bulge-bracket banks. The retention math favors whoever can offer the better blend of institutional prestige and upside exposure.

Compensation is already being used as a differentiator. Global crypto salaries rose 18% year…

Konten dipersingkat otomatis.

🔗 Sumber: cryptonews.com