Category: Investments

Crypto.com’s venture fund hires former tech journalist Jon Russell

Crypto.com’s venture fund hires former tech journalist Jon Russell

Crypto.com Capital has named former TechCrunch journalist Jon Russell as its newest partner, according to an announcement. The $200 million venture capital fund, launched by Crypto.com in March 2021, writes cheques for up to $10 million for early stage web3 startups — and invests in both tokens and equity. It has so far backed the […]

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Pantera’s Bitcoin Feeder Fund reaches $63.7 million in funding

Pantera’s Bitcoin Feeder Fund reaches $63.7 million in funding

Pantera Capital, an American hedge fund that manages over $6.4 billion in blockchain-related assets, has now reached $63.7 million in funding from 153 investors for its Bitcoin Feeder Fund, a Securities and Exchange Commission (SEC) filing shows.  Through the Bitcoin Feeder Fund, investors can indirectly partake in Pantera’s Bitcoin Fund — a passive bitcoin tracker […]

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MoneyGram buys minority stake in crypto company Coinme

MoneyGram buys minority stake in crypto company Coinme

MoneyGram, the publicly traded money transfer company, has completed a strategic minority investment in Coinme, a cryptocurrency cash exchange in the US, the company announced today. The investment gives MoneyGram a 4% ownership stake in Coinme and closes out the exchange’s Series A financing round. The investment builds on a previous partnership between MoneyGram and […]

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Pakistanis Own $20 Billion in Crypto, Report Reveals

Pakistanis Own $20 Billion in Crypto, Report Reveals

In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves. Government Urged for Regulations as Study Shows Pakistanis Hold $20 Billion in Cryptocurrency The Pakistani nation […]

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Binance Labs leads $60 million investment in Multichain

Binance Labs leads $60 million investment in Multichain

Binance Labs, the venture capital arm of the sprawling crypto exchange, has led a $60 million investment in Multichain, a cross-chain protocol. Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures and HashKey all participated in the round alongside Binance Labs, according to a press […]

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Dune Analytics is raising funds at a $1 billion valuation: sources

Dune Analytics is raising funds at a $1 billion valuation: sources

Dune Analytics, the Norwegian crypto analytics startup, is raising a fresh round of financing at a strikingly high valuation of $1 billion, according to several investors with knowledge of the round. One person close to the deal said that Coatue Management, the hedge fund, will participate in the fundraise.  While further details of the deal […]

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Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency

Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies. Central Bank of Russia Issues Draft Directive Banning Crypto Investments […]

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Dan Tapiero’s 10T is raising $500 million for a third digital assets fund

Dan Tapiero’s 10T is raising $500 million for a third digital assets fund

10T, the crypto investment firm run by hedge fund veteran Dan Tapiero, is launching a third digital assets fund just two months on from closing its second. The company is raising $500 million for the latest vehicle, which is named 10T DAE Fund 3.0, according to a Form D regulatory filing with the Securities and […]

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