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Gemini Turns Custodian to BTG Pactual’s First Bitcoin Fund
6.4.2021
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...
Celebrity VC fund unveils $1m NFT contest judged by Snoop Dogg and Mark Cuban
6.4.2021
If your NFT idea is innovative enough, Snoop Dogg, Mark Cuban, Ashton Kutcher, and other celebrities could invest $1 million into it as part of a Shark Tank-style contest
BTG Pactual’s new Bitcoin fund teams up with Gemini for custody
6.4.2021
Gemini is providing custody services to the first Bitcoin fund issued by a Brazilian investment bank
Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
5.4.2021
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention...
SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth $6.15 Million
3.4.2021
After signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset. According to the asset manager’s filing with the Securities and Exchange Commission (SEC) on March 31, Blackrock...
Morgan Stanley Adds Bitcoin to 12 Mutual Funds’ Investment Strategies
2.4.2021
Morgan Stanley has filed with the U.S. Securities and Exchange Commission (SEC) to add bitcoin exposure to 12 of its mutual funds’ investment strategies. These mutual funds may invest in bitcoin futures as well as obtain indirect exposure to the cryptocurrency through investments in Grayscale...
Justin Sun’s NFT Fund Adds Picasso, Warhol Art To Portfolio
2.4.2021
Andy Warhol’s 'Three Self Portraits'
Tron (TRX) founder Justin Sun is continuing his artwork shopping spree, transitioning his JUST NFT fund from digital to in real life (IRL) art in a series of purchases that added works by renowned artists such as Pablo Picasso and Andy Warhol to its collection....
Digital asset manager behind Canada's first BTC fund hopes to launch Bitcoin ETF
2.4.2021
CoinShares CEO Jean-Marie Mognetti said its proposed Bitcoin ETF aims to make "digital assets more accessible to investors of all types."
Draper Goren Holm adds Tezos startups to its $25M venture fund
1.4.2021
The Los Angeles-based venture fund plans to incubate startups building on the Tezos blockchain
Tron’s Justin Sun Unveils NFT Fund Aimed at Art Acquisition
30.3.2021
Hot on the heels of a recent winning auction bid for Beeple’s “Ocean Front” NFT, Justin Sun is making another splash in the NFT market following his decision to seed an investment fund that collects high-profile works of art. Fund Just One Leg of Sun’s Ambitions in The...
Soros CIO: Central Bank Digital Currencies a Real Threat to Crypto but Won’t Permanently Destabilize Bitcoin
29.3.2021
Soros Fund Management’s chief investment officer (CIO) says that central bank digital currencies are a potential threat to bitcoin and other cryptocurrencies but it will only be temporary. She also says that bitcoin is taking some of gold’s buyer base away. Crypto’s...
Ex-SEC Chair Enters Crypto River, USD 225m Crypto Fund + More News
29.3.2021
Jay Clayton. Source: Twitter, SEC
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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One River Asset Management, a USD 2.5bn firm whose crypto funds are backed by hedge fund titan Alan...
Tron's Justin Sun Announces JUST NFT Fund For Pieces With USD 1M+ Tag
29.3.2021
Justin Sun. Source: a video screenshot, Youtube, Tron Live
Tron (TRX)'s head Justin Sun today announced the establishment of a high-priced non-fungible tokens (NFTs)-dedicated fund, as well as the hiring of a "top tier" artist as its chief advisor.
In a letter by the Tron Foundation...
New Zealand Fund Invests 5% in Bitcoin— CIO Says You ‘Can’t Really Discount Bitcoin’
29.3.2021
A New Zealand hedge fund, NZ Funds Management, which had $350 million worth of assets under management at the end of December 2020, says five percent of its money is invested in bitcoin. According to the firm’s CIO James Grigor, ​bitcoin is also set to be featured in more of...
Oaktree Capital Founder Howard Marks Changes His Mind About Bitcoin as Demand Soars and Price Jumps 10x
28.3.2021
Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of bitcoin has risen tenfold as demand for the cryptocurrency soars among retail and institutional investors. Howard...
Billionaire Hedge Fund Manager Ray Dalio Says Government Outlawing Bitcoin Is ‘a Good Probability’
27.3.2021
The Bridgewater Associates co-founder and chief investment officer, Ray Dalio, says that there is a good probability that the government will outlaw bitcoin in the same way gold was outlawed in the U.S. in the 1930s. Ray Dalio Thinks Governments Can Outlaw Bitcoin Ray Dalio shared his view...
Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec
26.3.2021
Soros Fund Management's CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year
New Zealand Pension Fund Provider NZ Funds Management Takes Bitcoin Leap
26.3.2021
The New Zealand-based NZ Funds Management-run KiwiSaver pension fund has sunk about 5% of its USD 245m holdings into bitcoin (BTC), claiming that the token will feature in more KiwiSaver plans in the future.
The KiwiSaver program is government-endorsed, and both individuals and companies...
New Zealand retirement fund reportedly allocates 5% to Bitcoin
25.3.2021
Institutional uptake of BTC is on the rise. KiwiSaver of New Zealand appears to have built up exposure to Bitcoin in October 2020
Fidelity Applies to Launch Bitcoin ETF Amid Accelerating Institutional Demand for BTC
25.3.2021
Fidelity has filed with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF). The ETF will track the price of bitcoin as measured by the performance of the Fidelity Bitcoin Index. Fidelity Seeks SEC’s Approval Launch a Bitcoin ETF FD Funds...