Category: Investments

Bitcoin fund launched by NYDIG has raised nearly $17 million to date

Bitcoin fund launched by NYDIG has raised nearly $17 million to date

A bitcoin fund created by investment services firm NYDIG has raised nearly $17 million to date.  NYDIG Bitcoin Fund LP, which made its first sale in July 2019, has raised $16.95 million from a total of 121 investors, according to a Securities and Exchange Commission filing from September 17. The prior filing, published last October, showed a […]

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Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies

Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies

Investors in Ireland are attracted to digital opportunities offering better returns and often find them online, a new survey has indicated. According to the poll, 11% of investors have already bought a digital asset and a quarter of the young Irish are betting on cryptocurrencies. Low Interest Rates, Search for Long-Term Returns Push More Irish […]

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Fidelity Digital finds 90% of surveyed investors find digital assets appealing

Fidelity Digital finds 90% of surveyed investors find digital assets appealing

Fidelity Digital Assets, the crypto-focused wing of global asset manager Fidelity, has published the results of a survey that interviewed 1,100 investors across the globe.  The study surveyed 408 American, 299 Asian, 393 European investors on their investment behavior and view of digital assets such as cryptocurrency. Of the survey participants, 312 were financial advisors […]

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Asset manager Franklin Templeton files for blockchain venture fund

Asset manager Franklin Templeton files for blockchain venture fund

Franklin Templeton, the asset management firm, has formed a blockchain venture fund that could raise as much as $20 million, public documents show. The firm’s Wednesday filing shows that the Franklin Templeton Blockchain Fund I, L.P. has raised $10 million to date out of a projected $20 million. It is classified as a pooled venture […]

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Crypto wealth manager Abra bags $55 million Series C raise

Crypto wealth manager Abra bags $55 million Series C raise

A crypto wealth management platform named Abra has closed a $55 million Series C fundraise a little over a year after settling charges with U.S. regulators. Abra paid $300,000 in July 2020 to both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to settle charges that it sold off-exchange swaps […]

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Overview of private funding of crypto companies in August

Overview of private funding of crypto companies in August

Quick Take The crypto/blockchain sector received nearly $2.1 billion in private investment across 124 funding rounds in August Two investment trends included capital injections towards Web3 technologies and exchanges in the Asia Pacific region For two consecutive months now, the NFTs/Gaming vertical has been the most common deal type This research piece is available to […]

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Jump Trading no longer wants to be secretive about its multi-billion dollar crypto operation

Jump Trading no longer wants to be secretive about its multi-billion dollar crypto operation

Jump Trading was once called one of Wall Street’s most secretive high-speed trading firms.  But now, Jump is going fully public with its crypto operation and wants the community to know it is keen on being a vocal and transparent contributor to the space. The firm, which has billions of dollars put to work in […]

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Crypto miner Argo Blockchain launches IPO on Nasdaq

Crypto miner Argo Blockchain launches IPO on Nasdaq

Argo Blockchain, the London Stock Exchange-listed crypto mining company, has launched an Initial Public Offering in the United States. The crypto firm has floated 7,500,000 American Depositary Shares (ADSs), equal to 75,000,000 ordinary shares, on the Nasdaq Global Market under the symbol ARBK, according to an announcement. With a last closing price for Argo’s ordinary […]

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Hedge fund vet Dan Tapiero has invested more than $650 million into crypto’s largest companies

Hedge fund vet Dan Tapiero has invested more than $650 million into crypto’s largest companies

The number of crypto unicorns — those valued at above $1 billion — is growing at a breakneck clip, drawing the interest of investors like Dan Tapiero.  Tapiero, a veteran of the macro trading world, launched 10T in 2019 as a vehicle for traditional investors to get exposure to equity in crypto firms with a […]

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Brevan Howard hires former CMT Digital boss to lead crypto unit

Brevan Howard hires former CMT Digital boss to lead crypto unit

Brevan Howard Asset Management has announced the hire of Colleen Sullivan to steer its investments in crypto. The British hedge fund has also revealed the launch of a new entity named BH Digital, which will manage cryptocurrencies and other digital assets, it said in a press release. Sullivan joins Brevan Howard from Chicago-based CMT Digital, […]

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