Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
The license from the Monetary Authority of Singapore will allow Hashkey Capital's local arm to conduct fund management services. Original Source
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Crypto Asset Manager Valkyrie Lost the Biggest Investor in Its $11M Funding Round
"We had a signed subscription doc in-hand, and their [limited partners] were blue chip firms that have impeccable reputations in the business," she wrote in the letter dated Oct. 7. "In the months that have since passed, though, those LPs backed out and the investor was unable to meet its
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Crypto Asset Manager BlockTower Launches $150M Venture-Capital Fund
BlockTower is one of several notable crypto investment firms that is a registered investment advisor (RIA), which gives the firm more flexibility particularly when it comes to liquid and illiquid token investments. Recent BlockTower investments have included layer 1 blockchain Aptos and institutional finance network Maple Finance. Source
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Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts
“With xalts, we are building innovative, institutional-grade investment products and solutions which focus on high compliance and control standards – things institutional investors care about," said xalts Chief Investment Officer Ashutosh Goel, formerly of HSBC, in the press release. "The next leg of growth in digital assets will be driven
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Crypto Lending Firm Ledn to Acquire Canadian Fund Manager Arxnovum
"With this acquisition, Ledn will become the first digital asset lender to offer yield fund products under the exempt market dealer registration," said Adam Reeds, Co-founder and Chief Executive Officer of Ledn. "It will also allow us to offer more investment opportunities to accredited clients in markets that recognize Canadian
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A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF – Metaverse Bitcoin News
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 and Communications ETF — will track metaverse
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London-Based Asset Manager Fasanara Capital Establishes $350M Crypto VC Fund
Founded in 2011, Fasanara Capital pivoted to venture investing over the past three years, participating in 27 funding rounds across the fintech industry in Europe. It led a $35 million Series A round for web3 startup Twig, a company that is building a green crypto payments infrastructure. Original Source
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Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves – Emerging Markets Bitcoin News
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the country’s oldest financial services companies will help bolster confidence in the digital currency. Enhancing Credibility of
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$491B asset manager KKR’s health care fund tokenized on Avalanche
Digital asset company Securitize Capital is set to tokenize $491 billion asset management firm KKR’s Health Care Strategic Growth Fund II (HCSG II) on the Avalanche blockchain.The news was shared by KKR on Sept. 13, with the tokenization of HCSG II being described by the head of Securitize Capital Wilfred
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Asset Manager Stone Ridge Shutting Bitcoin Futures Fund
Stone Ridge was founded in 2012 by Ross Stevens, who remains its CEO. Five years later, he launched bitcoin-focused New York Digital Investment Group (NYDIG), where he serves as executive chairman. Stone Ridge Asset Management and NYDIG are both subsidiaries of Stone Ridge Holdings Group. Source
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