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Social Trading Company eToro Establishes $20m NFT fund

Social Trading Company eToro Establishes $20m NFT fund

Cryptocurrency trading platform eToro has established a $20 million NFT fund to buy NFTs and support NFT creators and brands, according to CNBC.

Andreessen Horowitz to Raise $4.5B for Two New Crypto Funds

Andreessen Horowitz to Raise $4.5B for Two New Crypto Funds

Wallet Street Venture Capital firm Andreessen Horowitz is rallying investors for a $4.5 billion dual fund targeted at making strategic investments in the cryptocurrency ecosystem.

Republic Capital to Raise $700m for Two Crypto-focused Funds

Republic Capital to Raise $700m for Two Crypto-focused Funds

Investment platform Republic is raising $700 million for two new cryptocurrency funds, a $200 million flagship venture fund and a $500 million dedicated crypto fund, Axios reported.

Mantle Core Proposes $200M Fund for Web3 Startups

Mantle Core Proposes $200M Fund for Web3 Startups

Mantle Core has submitted a proposal to create a $200 million fund for early-stage Web3 startups, aiming to boost adoption of its Ethereum layer-2 network, Mantle, among developers and Dapps. BitDAO's treasury would provide $100 million in USD Coin, while another $100 million would come from external matching capital from strategic venture partners. The Mantle EcoFund and venture partners will participate in projects with a 1:1 co-investment ratio, targeting Web3 startups raising pre-seed, seed, and series A rounds.

Investcorp Rolls out First Institutional Blockchain Fund in the Gulf

Investcorp Rolls out First Institutional Blockchain Fund in the Gulf

Investcorp, a global manager of alternative investment products, has launched the first institutional blockchain fund in the Gulf Cooperation Council (GCC), aiming at propelling a blockchain-powered digital evolution.

South Korean Kookmin Bank to Launch the First Crypto Fund

South Korean Kookmin Bank to Launch the First Crypto Fund

The largest banking financial institution in South Korea- Kookmin Bank has announced its plans to launch the nation’s first crypto fund, a move targeted at retail investors.

Swiss Market Watchdog Approves First Regulated Crypto Fund for Investors

Swiss Market Watchdog Approves First Regulated Crypto Fund for Investors

The Swiss Financial Market Supervisory Authority (FINMA) has approved a launch of the first regulated cryptocurrency investment fund restricted only for qualified investors.

Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up

Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up

Grayscale Investments has released their quarterly report assessing the last months of 2020.

Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians

Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians

Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.

Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO

Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO

As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto fund managers have released an angry response to the UK financial regulator's recent ban on the sales of crypto derivatives to retail consumers.

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