Ikigai Asset Management, a Puerto Rico-based crypto asset management startup that deploys capital for more than 275 investors, announced Tuesday that it raised $30 million in venture funding. Ikigai ...
Tag: Fund
A16z Launches First Gaming Fund With $600M Commitment
Among notable gaming industry investors in the fund are David Baszucki, founder of Roblox; Jason Citron, founder of Discord; Marc Merrill, co-founder of Riot Games; Mike Morhaime, co-founder of Blizza...
Fortis Digital Raises $100M for Its New Crypto Fund
Fortis Digital Ventures’ new crypto investment fund will focus on companies involved in Web 3.0 that aim to solve real-world problems with better user experiences. On Tuesday, May 17, blockchain inves...
Is it now or never for a stock rally? Fund managers’ cash pile is the biggest since 2001, says Bank of America
Fearing stagflation and higher interest rates, global money managers have been amassing cash at a level not seen in two decades. That’s according to an “extremely bearish” May survey of global money m...
In Uncertain Times for Crypto, the SeriesOne LIVA Fund Provides Hope of Stability
[PRESS RELEASE – Dubai, UAE, 15th May 2022] Crypto investors around the world are panicking. The current state of the market is causing unprecedented anxiety among those who have significant amounts o...
Blockchain Investment Firm Fortis Digital Raising $100M Fund
The firm was founded by the managing partners of Fortis Financial Group, a Seattle-based registered investment adviser with about $250 million in assets under management. The Fortis Digital team inclu...
Institutional Investors Flood Over $300 Million In Bitcoin Fund, BTC To Reverse Above $30k?
Last week saw one of the largest losses of value in the history of cryptocurrency. Bitcoin and the general crypto market crisis was hit by the Terra ecosystem’s collapse. Bitcoin plummeted to under $3...
CEO of $7,000,000,000 Hedge Fund Says Firm Hasn’t Sold Any Crypto Positions During Market Collapse
The founder and CEO of SkyBridge Capital says that the global investment firm is holding on to its crypto positions despite the dramatic downturn of the markets. In a new interview on CNBC, Anthony Sc...
A Licenced Fund to Provide Edge Amid Market Uncertainties
Advertisement     The current uncertain situation of the crypto market has caused tension in the industry which has seen crypto users and investors around the world pa...
Tezos starts fund to support African and Asian artists
The Tezos Foundation (XTZ/USD) has invested $1.23 million in a fund to collect non-fungible tokens (NFTs) created by African and Asian artists, Invezz learned from a press release. Photographer Misan ...
Top Hedge Fund Manager Who Warned Investors, Says Terra’s Project Was Destined to Fail Due To High Yield
– Advertisement – The hedge fund manager said Terra failed because the system was designed to enrich investors and the team. While many investors were shocked at the massive fall of Terraf...
Bitpanda’s early investor, SpeedInvest plans a new Seed Fund to counter market turbulence
Bitpanda is an Austria-based fintech company that offers services in cryptocurrencies, commodities, exchange-traded funds (ETFs), and securities trading. The organization holds incredible significanc...
Crypto donations fund ATVs and gas masks for Ukrainian military
Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia. In a Friday tweet, Uk...
Coinbase Admits Risk To Investor Fund Again, Reiterates Safety Coinbase Admits Investor Fund Risk, Ensures Safety
Reiterating the safety of retail investor funds at Coinbase, the cryptocurrency exchange’s chief financial officer Alesia Haas on Friday said all investor assets are ‘absolutely safe’. She made the co...
Flow Launched a $725M Fund Backed by a16z, DCG, Coatue
NBA Top Shot’s host blockchain Flow announced a new $725 million Ecosystem Fund backed by its parent company’s investment arm, Dapper Ventures, and crypto-focused VCs, including a16z, Coatue, and Digi...
Soros fund doubles down on Rivian bet, buys stakes in Lucid, Nio
Billionaire George Soros’s investment fund has doubled down on its bet on Rivian Automotive Inc. and taken new positions on EV makers Nio Inc. and Lucid Motors Inc., according to a filing late Friday....
The BTC Fund of Grayscale Plunges After SEC Meeting
Recently, the digital asset industry is undergoing an alarming spell that has caused global disruption. Investors have lost hundreds and thousands of dollars in a market-wide crash. The plunging price...
Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps) built on the Near protocol, has launched a token fund worth $90 million. The fund was launched today in ...
BNY Mellon, Singapore Sovereign Wealth Fund Participate in Crypto Data Platform’s $170,000,000 Fundraising Round
The Government of Singapore Investment Corporation (GIC), Singapore’s sovereign wealth fund, and US banking giant Bank of New York Mellon Corporation (BNY Mellon) are leading a new $175 million fundra...
NEAR’s future after Aurora launches $90M fund for DeFi
Near Protocol NEAR/USD is a layer-1 blockchain that powers decentralized applications (dApps). However, it differentiates itself by utilizing what is known as Nightshade, which is a unique sharding te...
The YashaDAO Is Looking To Fund DeFi’s High Potential Projects
Despite many cryptocurrencies decreasing in price, there are still thousands of cryptos in existence as of May. Although many of these projects have high potential, they often lack the monetary backin...
Aurora launches $90 million to fund the development of DeFi apps
The development of blockchain technology has led to several uses in the various arenas, and Aurora has a keen eye on it. One of these is decentralized finance, which has expanded scope in the Web 3 wo...
Dapper Labs’ Flow Launches $725M Fund to Facilitate Web3 Growth
Vancouver-headquartered Flow is launching a $725 million ecosystem fund for decentralized applications aiming at developing on the Flow blockchain. According to a press release, the fund’s intended ut...
Euro to hit parity vs. the dollar this year, Europe’s largest fund manager says
The chief investment officer of Europe’s largest fund manager expects the euro to fall to parity against the dollar. Vincent Mortier, the chief investment officer at Amundi, told the FT that the euro ...
Flow Blockchain Announces Fund for the Flow Ecosystem
Flow Blockchain has dedicated $725 million towards the Flow Ecosystem Fund. The fund has been designed to boost growth and innovation across the Flow Community. The Flow Ecosystem Fund of $725 million...
British Asset Manager Fasanara Raises $350 Million Crypto and Fintech Fund (Report)
Fasanara Capital Ltd – a London-based asset manager – reportedly closed a $350 million fundraiser and wants to use the financing to invest in cryptocurrency companies and financial technology. The Cry...
As Ark’s flagship fund plunges 76% from its peak, Cathie Wood still views her stocks as residing in ‘deep value territory’
The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen the most dramatic fall from its parabolic rise, amid the current downdraft in markets. Ho...
You just retired and your target-date fund has plunged. What do you do now?
If you recently retired or are near retirement and you had your money in a target-date fund designed for people retiring about now, bad luck. So far this year, the “target” is you. Morningstar tells m...