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NYDIG Bets Big on Bitcoin – $720 Million Raised for its Bitcoin Fund
4.10.2022
NYDIG, the digital assets-focused subsidiary of financial services firm Stone Ridge, has raised approximately $720 million for its Institutional Bitcoin Fund.
According to a Form D filing made with the SEC, around 59 investors contributed more than $12 million on average to the raise. The filing...
Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV
4.10.2022
The shares first slipped into discount in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe
A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF
30.9.2022
According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech...
Crypto Biz: The Voyager Digital auction is over. What now?
30.9.2022
FTX US was the successful bidder in the Voyager auction. But, one industry insider tells Cointelegraph that the deal didn't have depositors' best interest in mind
DeFiance's Arthur Cheong Is Raising Money for a New Fund Months After Getting Burned by Three Arrows Capital: Sources
30.9.2022
The fund will focus on liquid crypto investments and targets raising about $100 million, a person familiar with the matter said
Billionaire Stan Druckenmiller Discusses Cryptocurrency Having ‘Big Role in a Renaissance’ — ‘People Aren’t Going to Trust Central Banks’
30.9.2022
Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He added that he will be “stunned” if the U.S. isn’t in...
Arbswap Launches the Nova Accelerator to Support Arbitrum’s Ecosystem Growth
30.9.2022
PRESS RELEASE. Arbswap, the Arbitrum-native automated market maker decentralized exchange, has seen significant progress over the past months. Following the migration of its contracts to the Arbitrum Nova network, Arbswap has recently launched the Nova Accelerator with support from Old Fashion...
Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
29.9.2022
Texas state agencies are raising an objection to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing
Pantera Capital Seeks $1.25 Billion for Second Blockchain Fund
29.9.2022
U.S. hedge fund Pantera Capital has unveiled plans to raise as much as $1.25 billion for the company’s second blockchain fund, indicating that institutional investors have a growing appetite for cryptocurrencies in spite of the latest market downturn....
Read More: Pantera Capital Seeks $1.25...
Bitcoin․com To Deploy Verse Development Fund To Expand Ecosystem
29.9.2022
PRESS RELEASE. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can accessibly and safely interact with cryptocurrencies and digital assets, is launching the Verse Development Fund, an initiative to accelerate growth and innovation in Bitcoin.com’s Verse ecosystem....
Pantera plans to raise $1.25B for second blockchain fund: Report
28.9.2022
“We want to provide liquidity for people that are kind of giving up because we’re still very bullish for the next 10 or 20 years,” said CEO Dan Morehead
Crypto VC Pantera Capital Looks to Raise $1.25B for Second Blockchain Fund: Report
28.9.2022
Crypto venture capital investor Pantera Capital is looking to raise $1.25 billion for its second blockchain fund, Bloomberg reported Wednesday
Chinese Investors Could Snap Up Cryptocurrencies as Yuan Slides, Hedge Fund Says
28.9.2022
Yuan fell to a 14-year low against the U.S. dollar early Wednesday
Coopahtroopa Introduces Coop Records Fund
28.9.2022
Coopahtroopa, the founder of Coop Records, recently announced a 10 million dollar early-stage fund. Coop Records Fund I will be used to help next-gen music projects grow their reach. According to the latest announcement by Coop Records, the project acts as a hybrid between a record label,...
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners
28.9.2022
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that...
Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report
27.9.2022
Jihan Wu, crypto billionaire and founder of bitcoin miner maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, Bloomberg reported Tuesday
London-Based Asset Manager Fasanara Capital Establishes $350M Crypto VC Fund
27.9.2022
Fasanara Capital has established a new $350 million venture capitalist fund focused on fintech and web3, according to a press release
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
26.9.2022
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund...
The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?
24.9.2022
Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market
Societe Generale launches custodial services for crypto fund managers
21.9.2022
The firm is also in the process of testing a digital euro together with the European Central Bank