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Galaxy Digital to create a $100M fund for early-stage crypto firms


Galaxy Digital, a prominent player in cryptocurrency and blockchain investments, has unveiled plans to launch a $100 million fund to back early-stage crypto companies. With this move, Galaxy Digital is demonstrating its belief in the potential for new ventures within the quickly developing digital...

Paradigm Targets Over $750 Million in Upcoming Fundraising Effort


Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments. The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews

Bitwise Joins Ethereum Spot ETF Race, Files Application with SEC


Crypto investment firm Bitwise has submitted an application to the Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF).  The post Bitwise Joins Ethereum Spot ETF Race, Files Application with SEC appeared first on Cryptonews

BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg


The BlackRock USD Institutional Digital Liquidity Fund BUIDL, leveraging Ethereum blockchain, garners significant interest, amassing $240 million in the first week after launch. The post BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg appeared first on Cryptonews

U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion


Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into the Hashdex Bitcoin ETF and now operates as a spot bitcoin fund

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