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Arca secures $10M in Series A funding as traditional financiers back crypto
13.1.2021
Arca will use the funding to beef up its infrastructure and expand its crypto asset-class offerings
'Thankfully' my son owns Bitcoin, says $140B asset management CEO
13.1.2021
Howard Marks hints that he is becoming the latest Bitcoin naysayer to change his tune completely in a new memo to investors of Oaktree Capital
Investment Manager Guggenheim Has Some Advice as BTC Sheds Billions — ‘Bitcoin’s Parabolic Rise Unsustainable’
11.1.2021
Guggenheim Investments’ global chief investment officer has some advice on what investors should do as the price of bitcoin plummets. His company, with $230 billion in assets under management, has been trying to buy bitcoin for months. Guggenheim’s Strategist Has Some Bitcoin Advice...
Global Virtual Series on the Future Evolution of AI in Payments & Fraud Risk Management
8.1.2021
Artificial Intelligence (AI) is here for quite some time and is successfully being used in banking applications like Fraud Analysis and Customer Risk Scoring, but with a limited scope. With such high expectations for the technology in payments and in myriad other industries, what will AI actually...
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
6.1.2021
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that...
Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
5.1.2021
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge...
Bitwise’s Crypto Assets Under Management Rise Fivefold in Just 2 Months
4.1.2021
Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management
Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week
29.12.2020
The digital asset manager held $19 billion in assets under management as of Monday, up from last week's $16.4 billion
‘Unprecedented’ Institutional Demand for Bitcoin: Bitgo’s Custodied Assets Top $16 Billion, No Paypal Deal
26.12.2020
Bitgo’s assets under custody have surpassed $16 billion. The company says it is seeing “unprecedented interest from institutional investors,” resulting from the economic impact of the coronavirus pandemic and the recent bitcoin bull run. Paypal was also rumored to be...
CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked
24.12.2020
In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with...
Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago
24.12.2020
The firm's bitcoin AUM rose by more than $3 billion in a week
Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund
22.12.2020
In mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a month later, Skybridge Capital filed another registration form with the U.S. SEC (Form D) as it plans...
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
21.12.2020
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...
Report: Cyberpunk 2077 Developers Grill Management Over Crunch, Deadlines, And Poor Launch
18.12.2020
Staff at Cyberpunk 2077 studio CD Projekt Red asked tough questions of their leadership at an all-hands video meeting on Thursday, including about mandatory overtime and far-fetched production goals, according to a new report by Bloomberg.Read more
$1 Billion in Bitcoin and Ether: One River Hedge Fund to Increase Holdings From $600 Million
18.12.2020
Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River...
Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold
18.12.2020
Guggenheim Investments, an asset management firm with over $230 billion under management, has valued bitcoin at $400,000 based on fundamental analysis. Guggenheim wanted to invest in bitcoin when the price of the cryptocurrency was at the $10,000 level. The company is currently waiting for approval...
Bitcoin Fund Debuts on Canada’s Biggest Stock Exchange
17.12.2020
CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars. CI Global Fund Begins Trading CI Global Asset Management has made...
Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Against Fiat Currency Devaluation
16.12.2020
Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s portfolios, as the firm reduced...
Bitcoin the third 'most crowded trade' in global fund manager survey
16.12.2020
Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients
Grayscale Now Has $13B in Crypto Assets Under Management
15.12.2020
Grayscale's bitcoin and ether trusts now make up almost the entire $13 billion in AUM value