A Peter Thiel investment fund’s sale of its Bitcoin holdings last year demonstrates a growing corporate divestment from cryptocurrencies. Founders Fund, a venture capital firm co-founded by billionair...
Tag: Fund
Peter Thiel’s Fund Cashes Out $1 Billion in Crypto After 8 Years of Holding
Founders Fund, a venture capital firm co-founded by Peter Thiel and managing $11 billion in assets, reportedly liquidated most of its Bitcoin investment, which was purchased eight years ago, before th...
HashKey Has ‘Weathered at Least Three Cycles.’ $500M Fund Is Latest Proof.
HashKey Capital has raised half a billion dollars for the cryptoasset manager’s latest vehicle. The fund, HashKey Fintech Investment III, is designed to key in on “the growing opportunities in emergi...
Crypto Investor HashKey Capital Raises $500 Million for Web3 Fund
Crypto-focused asset manager HashKey Capital has raised another $500 million for investments in the Web3 ecosystem. “Web3” describes an emerging set of blockchain-based technologies that are ushering...
Peter Thiel’s fund sold bitcoin holdings as downturn intensified, Fed hiked rates: FT
Peter Thiel’s Founder Fund sold its bitcoin holdings last year as the market decline intensified. The fund, which invests in “revolutionary technologies that reshape the way we inte...
New billion-dollar Abu Dhabi fund will look far and wide for web3 deals
Abu Dhabi-based Venom Ventures Fund’s announcement last week that it’s ready to plough $1 billion into web3 applications certainly caught the eye — not least of all because it came after a disastrous ...
Deal Box offers $125M blockchain and Web3 venture fund
According to a press release dated January 18, the capital markets consulting and token offering platform Deal Box, which has its headquarters in the United States, has established a new venture capit...
Uniswap (UNI) Price Will Flourish in 2023 Claims This Fund Manager
The Uniswap (UNI) price has broken out from a confluence of short-term resistance levels and is heading toward the $15.70 long-term resistance area. Following the FTX collapse, a popular narrative is ...
The FTX Crisis: Bankman-Fried Under Fire For Fund Mismanagement
A report has surfaced that details communications between the United States and Bahamian officials regarding investigations into FTX. The report indicates that officials from the Bahamas Financial Ser...
Defi Crypto Fund Raised $40 Million – Trustnodes
The Gadze Finance USD Market Neutral Crypto Yield Fund has raised $39.9 million from 70 investors since it launched in October 2021 according to a filing. The fund started out with $25 million, growin...
Hong Kong Based HashKey Capital Raises $500 Million For Third Crypto Fund
– Advertisement – HashKey Capital has concluded a $500 million funding round for its third crypto fund. The Hong Kong-based firm plans to invest in crypto and blockchain ventures around t...
Hong Kong investment fund raises $500M to push mass adoption in Web3
Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space. On Jan. 17, Hong Kong-based global asset manager HashKey C...
HashKey closes fund with $500m for web3 projects
Today, HashKey Capital, a global asset manager focused on blockchain and cryptocurrencies, announced the successful completion of its third fund, HashKey FinTech Investment Fund III, with a commitment...
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn – Bitcoin News
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III...
HashKey Capital Completes Fund III at $500 Million in Commitments to Develop Web3
HashKey Capital (“HashKey”), a global asset management focusing on cryptocurrencies and blockchain technology, has announced the successful closure of HashKey FinTech Investment Fund III, its third fu...
Dash (DASH) drops by 63%, Dogecoin (DOGE) Foundation announces new fund for core developers, Snowfall Protocol (SNW) grows by 250% in third presale
The cryptocurrency market is in a constant state of flux, with new projects and startups emerging all the time. However, only a handful of these projects have what it takes to be truly successful in t...
Crypto investor HashKey Capital closes third fund at $500 million
Crypto investment firm HashKey Capital has closed its third fund by raising $500 million. The fund comes as the industry is reeling under pressure from recent collapses and the bear market. Dubb...
Exchange Traded Funds conquer the market
In the current market environment, Exchange Traded Funds (ETFs), which are user-friendly, transparent and low-cost tools, have been systematically gaining market share at the expense of actively manag...
Norway’s Gas Bonanza Set to Boost Already Gigantic Oil Fund
(Bloomberg) — Norway’s windfall natural gas revenue drove the nation’s exports to a record last year in a boon for its $1.3 trillion sovereign wealth fund. Most Read from Bloomberg The Nordic co...
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin News
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solic...
UAE VC Companies Launch $1 Billion Fund For The Tech Ecosystem
Venom Foundation has announced the creation of Venom Ventures Fund, a next-generation venture capital incubator that will invest in Web3 and related blockchain projects and help them reach their full ...
Alameda Research liquidators lost $72K during fund consolidation attempt
The liquidators of Alameda Research continue to encounter obstacles in their efforts to recover funds for creditors. Crypto analytics firm Arkham disclosed on Twitter that the liquidators lost $72,000...
Hedge Fund Star Ackman Explains Why He Was Sympathetic to FTX’s SBF
Alex Dovbnya Ackman explained that people accused of crime deserve presumption of innocence until proven guilty Billionaire Bill Ackman has come forward to explain his sympathy toward Sam Bankman-Frie...
‘It’s Very Clear Now’ FTX Committed Fraud, Says Hedge Fund CEO Anthony Scaramucci
Skybridge Capital chief executive Anthony Scaramucci is now convinced that collapsed crypto exchange FTX committed wrongdoing. Scaramucci had previously refrained from accusing FTX of crimes, saying h...
Crypto’s Next Bull Market Will Be Biggest Ever, Predicts Strategist at $1,300,000,000 Fund – But There’s a Catch
The chief investment officer of Bitwise Investments crypto fund, Matt Hougan, is expressing bullish market sentiment. Hougan says in an investor letter that the crypto market is “well positioned to st...
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda – Bitcoin News
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this t...
$1 Billion Fund to Bet on Abu Dhabi Global Market Web3 Start-ups
Venom foundation is the first blockchain to receive a license by the ADGM which allows the issuance of utility tokens Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceb...
Venom Foundation Announces $1 Billion Venture Fund to Support Web3 Projects
Vladislav Sopov Venom Foundation together with Iceberg Capital, two UAE-regulated blockchain firms, share details of joint investing initiative Contents $1 billion Venom Ventures Fund goes live in Abu...
What’s happening with Binance’s $2 billion recovery fund?
After the collapse of FTX, Binance enjoyed several weeks of glowing press coverage about its commitment to spend $1 billion on helping the crypto industry. However, it appears that the wallet in quest...
Hedge Fund Billionaire Bill Ackman Empathizes With Fallen FTX Chief Sam Bankman-Fried
Topline Hedge fund billionaire Bill Ackman appeared to defend Sam Bankman-Fried from fierce criticism on Thursday as the fallen crypto mogul fights criminal charges following the dramatic collapse of ...
Samsung Fund to Launch More Crypto Products in 2023
Earlier this week, the Samsung Asset Management Company announced the launch of its spot Bitcoin exchange-traded fund in the Hong Kong market. The Samsung Bitcoin Futures Active ETF is basically a fut...
Venom Foundation Partners With Iceberg Capital to Launch $1B Venom Ventures Fund
[PRESS RELEASE – Abu Dhabi, Abu Dhabi, 11th January 2023] Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM-regu...