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Gate Ventures on Track to Close $200M Crypto Fund by Q3
29.4.2022
The VC arm of Gate.io will invest in layer 1 and layer 2 protocols that can help build an open internet
VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market
28.4.2022
PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with...
Yieldstreet Partners With Osprey for Latest Crypto Fund
28.4.2022
The Enhanced Crypto Fund will offer exposure to up to 10 of the largest digital assets by market capitalization
Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector
28.4.2022
The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto...
Ripple Onboards New Creators for XRP Ledger Under Creator Fund
28.4.2022
Ripple has revealed the list of creators joining the XRP Ledger to bring their respective NFT projects to life. The creators have been selected as a part of the first wave of Creator Fund, a commitment that values $250 million. Projects that have been selected fall under diverse categories...
Grayscale to expand crypto fund offering into Europe
27.4.2022
CEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes
Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance
27.4.2022
Ondo, founded by former Goldman Sachs traders, will use the $20 million round to expand its structured products offerings
Dragonfly Capital Raises $650M for Third Crypto Fund
27.4.2022
The new fund will allow Dragonfly to lead rounds in later-stage companies, the firm said
Failure to launch: Australia’s first 3 crypto ETFs all miss launch day
27.4.2022
Three cryptocurrency exchange-traded funds (ETFs) scheduled to launch on the Cboe Australia exchange today were delayed due to “checks” still being undertaken
First Mover Asia: Spot Bitcoin ETFs Are Launching in Australia but Elsewhere They Face Brutal Fund Outflows
27.4.2022
Australia follows a lengthy list of spot bitcoin issuances in Europe and Canada, but these products come at a challenging time for crypto
Grayscale Eyeing Expansion Into European Crypto Fund Market: Report
26.4.2022
Grayscale Investments is eyeing expansion into the European market for crypto funds, Bloomberg reported Tuesday
Moonbirds COO Leaves Project for New Fund – With $1M in NFTs in Tow
25.4.2022
Founder Kevin Rose addressed the controversial exit of Ryan Carson, the project’s chief operating officer, in a Twitter Spaces on Monday
Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup
25.4.2022
A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part. Capital Raised to Fund Marketing Efforts The South Korean electronics and smartphone maker Samsung is reported...
SkyBridge goes all in on crypto, betting on ‘tremendous growth’ ahead
25.4.2022
"For us, we think the cryptocurrency markets represent tremendous growth,” said SkyBridge founder Anthony Scarramucci
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users
23.4.2022
On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.”...
Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences
23.4.2022
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer...
Fidelity Launches Multi-Level Learning Center in Metaverse
23.4.2022
Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design...
Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work
22.4.2022
Developers of the fast-growing stablecoin UST say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve, in case of an emergency? How would that work?
IMF Official: Regulating Crypto Assets Is High on the Agenda for India
22.4.2022
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...