BlackRock is gearing up to introduce an ambitious investment fund exceeding $30 billion, in collaboration with Microsoft. The fund is aimed at developing data centers and energy projects to support the expanding demands of artificial intelligence (AI
Dragonfly Capital, a prominent crypto venture capital firm, is raising $500 million for its fourth investment fund, according to Bloomberg. The fund will focus on early-stage projects in the blockchain space, continuing Dragonfly’s strategy of suppor
Dragonfly previously closed $650 million in oversubscribed financing for its third crypto venture fund in May 2022.
This edition of Cointelegraph’s VC Roundup features Asylum Ventures’ new fund, as well as startups Puffpaw, Permissionless Labs, Infinit, DRiP, IN1 and DeFi.Gold.
A digital assets advocacy group backed by Coinbase is launching a multimillion-dollar legal defense fund for non-fungible token (NFT) projects. In a new thread on the social media platform X, Stand With Crypto says it’s starting an NFT defense fund w
Andreessen Horowitz’s a16z Crypto fund has partnered with Stand With Crypto and OpenSea to create the Creator Legal Defense Fund. According to releases from OpenSea and a16z, this initiative is designed to provide legal support and consultation to ar
After shutting one down in 2021, Grayscale is launching a new XRP fund so investors can gain exposure to the cryptocurrency.
The crypto sector is currently enduring a “quiet quitting crisis,” according to a hedge fund and digital asset veteran. Quiet quitting, a term that was popularized in 2022, refers to employees who do the bare minimum level of work their jobs require
A recent filing from Morgan Stanley's Institutional Fund revealed that appetite for Bitcoin may not be slowing down
BUIDL has emerged as the leading tokenized Treasury fund, managing $517 million in assets.
This new index market provides unprecedented on-chain access to the BUIDL Fund through innovative financial instruments. This is the first index of its kind that tracks the supply of the BUIDL Fund. Let’s discover more about this important news for I
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC, a crypto hedge fund, with a $225,000 fine. The charges? Failing to safeguard client assets properly, including crypto investments treated as securities, and
The crypto-focused fund that shut down after losing substantial assets on FTX quickly announced its intent to settle with the SEC and is “glad to put this matter behind us.”
The fund allegedly lost about half of its assets following FTX's collapse.
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100 million fund supporting Web3 innovation. The fund aims to stimulate global Web3 growth and solidify the United Arab Emir
Several large investment banks and hedge funds recently revealed large positions in BlackRock's IBIT spot Bitcoin exchange-traded fund.
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.
South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier
As Bitcoin adoption continues to gain momentum globally among countries and traditional financial (TradFi) institutions, Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has e
Norway’s sovereign wealth fund, NBIM, has increased its Bitcoin holdings to approximately $149.48 million, with a total of 2,446 BTC.