Funds
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As some of the largest DeFi assets rise, crypto funds are taking the opportunity to exit their positions
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The investment head of Maelstrom, the inaugural fund from BitMEX founder Arthur Hayes’ family office, predicts a large portion of global GDP will be transacted via blockchain
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The asset manager raised $5 million in its Ethereum Index Fund so far, a filing from Tuesday shows
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Regulators are considering requiring private funds with at least $500 million to disclose crypto holdings, leveraged positions, among other things
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The Singapore-based exchange is hoping the fund will help boost its profile and restore trust in the community by insuring against hacks
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According to the fund manager it is the first instance Australia has witnessed its first unlisted retail bitcoin, ether and filecoin funds.
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The investment firm is aiming to fund 30 early-stage companies over the next two and a half years
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Lucas He and David Gan, both Huobi alumni, will lead the new fund as general partner and president, respectively
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Binance Labs, the investment arm of the world’s largest crypto exchange by total volume, is betting big on the development Web3
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Samsung Asset Management is reportedly seeking to list its blockchain ETF on the Hong Kong Stock Exchange
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MG Stover custom-tailors fund administration for hedge, private equity, VC and digital asset firms
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Yuga Labs, the creator behind blue-chip NFT collection BAYC, notched a $4 billion post-money valuation on its latest raise
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The Ethereum layer-2 developer is raising at least $100 million, Israeli newspaper Calcalist reported
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The team will deploy the capital across 30 new companies or protocols, the firm’s managing partner told Blockworks
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The program will focus on supporting blockchain-enabled gaming, DeFi, NFTs and institutional use cases
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The investment was led by Greylock Partners and Electric Capital with participation from Sequoia Capital, Blockchain Capital and Slow Ventures
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The largest buzz came from Electric Capital with its $1 billion raise for two new funds focused on crypto ventures and tokens
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The crypto platform was founded in 2017 and works with over 1,000 clients in institutional and consumer markets.
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The third fund from Castle Island Ventures is focused on blockchain and cryptocurrency startups
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Digital asset funds are bullish on Polkadot (DOT) while BTC continues to consolidate below $60,000 despite inflation running hot
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