Investments Archives - Free Bitcoin Earning Sites

Registration statement filed for new bitcoin exchange-traded fund from Valkyrie

January 24, 2021 Bitcoin, BTC, ETF, exchange-traded fund, Investments Eddy 0

A registration statement for a new bitcoin exchange-traded fund (ETF) from Valkyrie Digital Assets, public records show. The firm, a subsidiary of Valkyrie Investments, filed to register the Valkyrie Bitcoin Fund, a trust that will hold physical bitcoin (which will be held in custody by Coinbase, per the application). The S-1 is dated January 22. […]

iSTOX raised $50 million in Series A funding round

January 24, 2021 Development Bank of Japan, investment, Investments, iSTOX, Japan Investment Corporation Venture Growth Investments, seed funding Eddy 0

Digital securities platform iSTOX announced this week that it closed a Series A funding round, garnering a total of $50 million. Two major Japanese investors participated in the round: Japan Investment Corporation Venture Growth Investments (JIC-VGI) and Development Bank of Japan (DBJ). Juroku Bank and Mobile Internet Capital were new investors in this round, whereas existing investors […]

Grayscale has incorporated six more trusts, including ones for Chainlink and Tezos

January 24, 2021 $BAT, $MANA, Bitcoin, BTC, chainlink, Cryptocurrency, fil, Filecoin, Grayscale, Investments, LiNK, Tezos, XTZ Eddy 0

Crypto asset manager Grayscale has incorporated six more trusts, including those tied to Chainlink (LINK) and Tezos (XTZ) tokens. The trusts were formed by Delaware Trust Company, Grayscale’s “statutory trustee,” in recent months. Besides LINK and XTZ, the other four trusts include Basic Attention Token (BAT), Decentraland (MANA), Livepeer (LPT), and Filecoin (FIL). All the […]

BlackRock filings suggest asset management giant could buy bitcoin futures via certain funds

January 20, 2021 Bitcoin, Bitcoin Futures, blackrock, Investments Eddy 0

Twin filings with the Securities and Exchange Commission (SEC) suggest that BlackRock, the trillion-dollar asset management giant, is set to make allocations to bitcoin futures via some of its funds. The two filings — for the BlackRock Funds V and BlackRock Global Allocation Fund, Inc. — contain the same language that refers to bitcoin futures. […]

Investment firm Arca raises $10 million in Series A funding

January 14, 2021 Arca, Companies, Investments, littlebanc advisors, rre ventures, series A Eddy 0

The digital asset-focused investment firm Arca received $10 million in Series A funding. The round was led by RRE Ventures and included participants such as Loews Hotels & Co. president Alex Tisch. James Robinson, RRE’s founder, has joined Arca’s advisory board as part of the deal. “We seek to create bespoke opportunities for investors, and […]

Grayscale says it will dissolve XRP Trust, citing market reaction to SEC lawsuit

January 13, 2021 Grayscale, Investments, Ripple, SEC, XRP Eddy 0

Digital asset investment firm Grayscale is moving to dissolve the XRP Trust — a move that comes days after it announced the liquidation of XRP positions from its Digital Large Cap Fund. In a press statement circulated Wednesday, Grayscale cited the decision by the Securities and Exchange Commission to file suit against Ripple last month, in […]

Walmart unveils new fintech startup in partnership with Ribbit Capital

January 11, 2021 Companies, Fintech, Investments, Mergers & Acquisitions, Ribbit Capital, startup, Walmart Eddy 0

Mega-retailer Walmart has founded a financial services-focused fintech startup alongside Ribbit Capital, an investor of fintech firms, according to a Monday announcement. The as-yet-unnamed startup will be centered around “modern, innovative and affordable financial solutions,” according to a press statement. The startup’s board will include Ribbit managing partner Micky Malka, Walmart U.S. CEO John Furner […]

FCA issues warning over high returns offered by crypto firms

January 11, 2021 Cryptocurrency, FCA, Investments, Regulation Eddy 0

The Financial Conduct Authority, the UK financial services regulator, has issued a stern warning about the “very high risks” faced by consumers who choose to invest in cryptocurrency. The warning comes as bitcoin fell from all-time highs of more than $40,000 to less than $33,000 overnight. “If consumers invest in these types of product, they […]

PayPal, Coinbase among firms to invest in crypto tax automation startup TaxBit

January 7, 2021 Coinbase, investment, Investments, Paypal, TaxBit, Winklevoss Capital Eddy 0

PayPal’s venture arm is among a group of new investors of TaxBit, a tax compliance automation startup. Other investors, per a Thursday morning statement, include Coinbase Ventures and Winklevoss Capital. Winklevoss Capital previously partook in the $5 million seed round for TaxBit. The move represents the latest expansion of PayPal’s footprint in the crypto space, […]

The Interchange: Crypto is now a trillion dollar asset class. What now?

January 7, 2021 2021 outlook, Investments, investor surveys, The Interchange Eddy 0

Quick Take No surprise, digital asset investors have never been more bullish as crypto clears $1 trillion in total value for the first time ever This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block.

Tag: Investments