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Metalpha is looking to raise $100 million for the Next Generation Fund I, which it has formed in partnership with NextGen Digital Venture Limited. As of the end of March, Metalpha has raised $20 million towards that goal. The fund invests in Grayscale products through structured derivatives, granting access to
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Hong Kong-based cryptocurrency wealth manager Metalpha Technology is working to offer new entry points into Bitcoin (BTC) and Web3 to investors in Asia.Metalpha is raising a $100 million fund to invest in Bitcoin and other crypto products from the major United States-based crypto asset manager, Grayscale Investments. The new fund
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“We are very excited to partner with NextGen Digital Venture on launching the Fund, as we continue to strive for product innovation for our traditional finance clients. Grayscale is one of the largest digital asset fund managers in the world, and we are optimistic about the future growth of Grayscale
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Meanwhile, Metalpha and Litecoin Foundation added they will work with universities and research institutions to further sustainable blockchain innovation, support public education around the Litecoin network, and improve network awareness, adoption, and scalability. Original Source
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