SkyBridge’s Bitcoin Cache Rises to $310M as New Fund Launches
SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months. Source
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Portnoy’s small business relief fund now accepting Bitcoin, crypto donations
Barstool Media’s Dave Portnoy is accepting Bitcoin (BTC) and cryptocurrency donations for his small-business relief fund. Less than 24 hours after integration, the crypto community has responded with incredible generosity. The Barstool Fund launched last week to raise money for small businesses impacted by the Covid-19 pandemic. At the time of
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Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC
The Securities and Exchange Commission (SEC) is accusing the founder of hedge fund Virgil Capital of fraud. Source
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Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment
Wall Street has been all over Bitcoin over the past few months due to the growth in the
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Korean crypto investment company launches $120 million fund for blockchain projects
Hashed, one of South Korea’s largest crypto asset fund managers, has raised $120 million to fund new blockchain ventures in the so-called “protocol economy.”The funds were raised via Hashed Ventures Inc., a new entity that will oversee the deployment of the nine-figure investment. The company has yet to disclose its
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Vanguard Total Stock Market Index Fund Surpasses $1T Level Becoming First of Its Kind
Vanguard equity fund includes as many as 3590 different stocks, thus offering individual investors a chance to diversify, reduce risk, and optimize their investments.Amid soaring US stocks, the Vanguard Total Stock Market Index Fund has made history by topping $1 trillion in its asset under management according to media outlet
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Bloccelerate VC Raises $12M Fund to Bet on Enterprise Blockchain Adoption
Seattle-based venture capital firm Bloccelerate closed a $12 million fund on Nov. 30 to bet on both enterprise blockchain adoption and Ethereum-based financial applications.The firm’s general partners, Kate Mitselmakher and Sam Yilmaz, told CryptoX in a call the fund will allocate 80% of its equity investing in the infrastructures enabling
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Bitwise’s Crypto Index Fund Becomes Available To U.S. Investors
Bitwise Asset Management, a provider of cryptocurrency index funds to professional investors, announced Wednesday that its 10 Crypto Index Fund is now available to U.S. investors as a public-traded cryptocurrency index fund.After a Form 211 for quotation of the fund’s shares were reviewed by the Financial Industry Regulatory Authority (FINRA),
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Publishing Giant Bertelsmann Invests in Berlin-Based Crypto Fund
Greenfield One, an early stage crypto venture firm based in Berlin, has secured its first major backers for a second fund, including an investment from Bertelsmann, a private German multinational.Bertelsmann is a media company with a vast portfolio, including the largest publisher of books in the English-speaking world, Penguin Random
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MicroStrategy Plans $400M Raise; Net Proceeds Will Fund More Bitcoin Buys
MicroStrategy is turning to investors to fund up to $400 million more in bitcoin purchases. Source
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