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Pantera, Jump Crypto Back $150M Injective Ecosystem Fund

Injective-based apps cover a range of financial verticals, including exchanges, options, derivatives and lending. The initiative will support projects that focus on interoperability, DeFi, trading, proof-of-stake (PoS) infrastructure and scalability solutions. Other backers include Gate Labs, Flow Traders, IDG Capital and Kraken Ventures. Source

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Peter Thiel’s Fund Cashed Out $1.8 Billion From Bitcoin Before 2022’s Crash

A VC fund co-founded by Peter Thiel closed almost all of its 8-year-long bet on Bitcoin last year. The winding down of the crypto investments came right before 2022’s crypto crash in May. Shortly after selling the crypto holdings, Thiel suggested that Bitcoin’s price may rise 100-fold.The fund currently manages more than

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SSV launches $50M ecosystem fund to support ETH staking tech

Validator infrastructure developer ssv.network has launched a new ecosystem fund to support Ethereum proof-of-stake decentralization — a move that the company said would promote innovation around Ether (ETH) staking technologies. The ecosystem fund, valued at $50 million, will support projects building applications using distributed validator technology, or DVT, the company announced

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Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn – Bitcoin News

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets

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Hong-Kong investment fund raises $500M to push mass adoption in Web3

Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space.On Jan. 17, the Hong Kong-based global asset manager HashKey Capital announced the closing of a $500 million investment round for its FinTech Investment Fund III. According to the company,

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