Crypto Valley Venture Capital (CV VC), a Switzerland-headquartered private venture capital company, announced on Monday that it has launched African Blockchain Early-Stage Fund that targets blockchain...
Tag: Fund
Korea Turns Against Luna Head as Police Request LFG Fund Freeze
South Korea is starting to turn the screws on Terraform Labs and Luna CEO Do Kwon as UST stablecoin saga takes another twist. The 30-year-old Korean is being asked to account for the collapse of the $...
Netflix Establishes Film And TV Scholarship Fund For East Africa
NAIROBI, KENYA – SEPTEMBER 23: A woman and her son wait as the Netflix account app loads on their … [+] android smartphone on September 23, 2021 in Nairobi, Kenya. This week, the video-str...
International Monetary Fund to Assist El Salvador in Compiling Bitcoin Adoption Statistics – Bitcoin News
The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the g...
CV VC launches Africa-focused blockchain fund
The Crypto Valley Venture Capital firm, which calls itself CV VC, is launching an Africa-focused fund to back blockchain businesses on the continent. The investors made the disclosure at Blockchain Hu...
Crypto Valley Venture Capital Launches African Blockchain Early-Stage Fund
Among the 12 startups CV VC has already invested in are Leading House Africa, a startup from Nigeria that will allow land registration on the blockchain, and Mazzuma, a mobile payments platform from G...
Fidelity Lets Customers Fund Their 401Ks with Crypto, but Not Everyone’s Happy
Not long ago, Fidelity Investments announced that customers would be able to invest in crypto like bitcoin through their 401Ks and retirement accounts. In addition, several businesses offering 401Ks t...
XRP Ledger To See Carbon Credit NFTs With Ripple’s New $100,000,000 Investment Fund
Ripple Labs is announcing a $100 million investment fund that will see carbon credit non-fungible tokens (NFTs) come to the XRP Ledger. According to a new press release, Ripple’s new initiative aims t...
Andreessen Horowitz (a16z) Launches $600M Gaming Fund With Allocation to Web3
American venture capital firm Andreessen Horowitz (a16z) has announced a new $600 million gaming fund dubbed GAMES FUND ONE with allocations to Web3 startups. a16z Launches $600M Gaming Fund In an off...
Saudi Wealth Fund Takes $1.5 Billion Stake in Alwaleed’s Firm
(Bloomberg) — Saudi Arabia’s sovereign wealth fund has bought a $1.5 billion stake in the investment company of billionaire Prince Alwaleed Bin Talal, who previously reached an undisclosed deal ...
Hedge Fund Up 138% This Year Is Turning Bullish on China Stocks
(Bloomberg) — A fund manager who made triple-digit gains by hedging risks in Chinese equities is now turning bullish on mainland shares. Most Read from Bloomberg Zhao Yuanyuan’s fund at the 500 ...
Crypto winter is here and might last over a year, says blockchain fund founder
Delta Blockchain Fund founder Kavita Gupta has stated that the current crypto market correction has ushered in the ‘winter season’ that might last over a year. Speaking during an interview with Bloom...
Ripple sets up a $100M fund to boost carbon removal
Ripple, a blockchain company, committed to transforming the digital payments sector, has issued a $100 million fund. The fund will boost carbon removal and support the modernization of these kinds of ...
A16z Launches $600 Million Web3 Gaming Focused Fund – Bitcoin News
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back severa...
Ripple To Fund The Acceleration Of Global Carbon Markets; Dedicates $100M
Ripple, the crypto solutions company shall commit $100M for the goal of carbon removal by investing in climate oriented fintech companies. The blockchain-based payments network has aimed to facilitate...
Tesla Loses Top Spot in Cathie Wood’s Flagship Fund
(Bloomberg) — Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about four-and-a-half years. Most Read from Bloomberg Elon Musk’s company had commanded ...
Gabe Plotkin’s hedge fund Melvin Capital shut its doors this week
Melvin Capital, a hedge fund run by Gabe Plotkin that struggled heavily with losses last year and never quite recovered from the GameStop short squeeze in 2021, is closing its doors. Melvin Capital wa...
a16z Launches a $600 Million Game Fund Backed by Roblox and Blizzard
Renowned VC firm – Andreessen Horowitz (known as “a16z”) – announced launching a $600 million fund, GAMES FUND ON, dedicated to investing in the gaming industry. It has garnered support from industry ...
a16z launches $600 million game fund
The development of the metaverse and blockchain industry has also positively impacted the gaming industry. a16z has also decided to venture into the same field to help the developers work on projects....
a16z Floats $600m Gaming Fund
After more than a decade of actively investing in the gaming industry, Andreessen Horowitz (a16z) wants to further exert its influence in that space. In order to do this, the investment giant has floa...
Latest Report On Tether’s Fund Reserves
In what could prove to be a sigh of relief to crypto investors, Tether’s newly released attestation report reveals positive outlook on the stablecoin’s reserves. The company’s latest quarterly assuran...
Venture Capital Andreessen Horowitz Announces $600M Web 3.0 Gaming Fund
7 hours ago | 2 mins read Bitcoin News More than $2.2 billion was invested in the firm’s most recent and third crypto-focused fund. A16z has previously invested extensively in several crypto and DeFi...
DoraHacks Raises $20 Million from FTX Ventures, Others, to Launch Its NFT-Focused Fund and More – crypto.news
DoraHacks has successfully raised $20 million via a funding round led by FTX Ventures, and Liberty City Ventures, with participation from other notable investors, including Circle Ventures, Gemini Fro...
Americans are still saving for retirement — and becoming 401(k) millionaires
Americans may be afraid to look at their retirement accounts thanks to stock market volatility, but many investors are still staying the course, according to Fidelity Investments’ most recent data rel...