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A Taiwanese venture studio just became the new lead investor for a Hong Kong-based crypto custodian following a multimillion dollar investment this week.Nogle announced yesterday they had given $3 million to First Digital Trust (FDT), the digital asset arm of Legacy Trust. The investment is intended for the financial
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As initial coin offerings and their derivatives continue to fade, venture investment in the space has steadily picked up pace. CryptoX sat down with Michael Anderson, co-founder of Framework Ventures, to learn more about his investment philosophy and outlook on the ecosystem.Anderson’s most notable investments are Chainlink (LINK) and
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Colorado Governor Jared Polis sat down with CoinDesk at ETHDenver, the third edition of the ethereum hackathon in the Mile High City.A digital native noted for launching multiple internet enterprises, Polis led the charge for bitcoin and other digital assets in the U.S. House of Representatives from 2009 to 2019."Colorado
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Cryptocurrency investment firm Polychain Capital is raising $200 million for a second fund aimed at venture investing, a funding goal that would top its first venture fund by $25 million.According to an investor slide deck obtained by CoinDesk, the second venture fund opened at the beginning of 2020 and is
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A new stablecoin pegged to the Canadian dollar may help digitize the North American nation’s financial markets. Canada Stablecorp announced Monday it was issuing the "QCAD" stablecoin for “mass market,” including foreign exchange remittances and other financial products. Canada Stablecorp is a joint venture between cryptoasset manager 3iQ, which recently
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EOS VC, which is headquartered in Hong Kong, was established with a mandate to invest more than $1 billion into a diversified portfolio of companies and projects that use the EOS protocol. Michael Alexander, who was previously head of Jefferies’ Group Asia, was appointed CEO of EOS VC in July
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Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture.Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a house apparently equipped with dozens of cryptocurrency mining hardware units. The video displays a
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Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally.On Dec. 3, TechCrunch reported that the VC company received final commitments from institutional and strategic investors totaling $320 million. The funds will allow the company
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ConsenSys CSO Sam Cassatt is stepping down to open a new venture fund focused on "evolutionary changes in human behavior." Source
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Blockchain Venture Capital Inc. (BVCI), one of Canada’s biggest blockchain enterprises, expressed profound joy as it announced the addition of a new virtual currency to its increasing list: the stablecoin CUSD.The blockchain-oriented firm is known for driving industry changes in the sector. And barely four months after the launch of
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