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KuCoin Labs Launches 50 Million Fund to Find The Next Crypto Gem


Disclaimer: The text below is a press release that was not written by Cryptonews.com. On April 15, 2021, KuCoin, an IDG backed crypto exchange, announced the official launch of KuCoin Labs, an incubator and research arm in the KuCoin ecosystem. As the first step, KuCoin Labs has also established...

Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray


The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called...

Another Hedge Fund Gets Crypto Exposure via Grayscale’s GBTC


Millennium, the U.S.-based alternative investment management firm, has become the latest hedge fund to get exposed to cryptocurrencies via Grayscale Investments’ bitcoin trust. However, the extent of Millennium’s exposure to the crypto asset has not been disclosed as both Millennium...

Cardano’s Cfund First Capital Goes to Israeli Fintech Startup Coti


This latest move to broaden cooperation between Cardano and Coti builds upon previous collaborations as the former seeks to upgrade its payment solution on top of the former’s expanding financial infrastructure. Strategic Investment Marks First Allocation for New Ecosystem Venture Fund One...

Gemini Turns Custodian to BTG Pactual’s First Bitcoin Fund


Gemini, the leading US-based cryptocurrency exchange and custodian service provider, has announced to provide custodian services (and also serve as a trade execution partner) for the upcoming Bitcoin fund issued by one of the top Brazilian investment banks BTG Pactual. According to the contours...

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