Dragonfly Capital, a crypto venture capital firm, has announced the launch of its third crypto fund dubbed Dragonfly Fund III which has a valuation of $650 million valuation. The fund is worth more than twice as much as the firm's last two funds, which were each worth $300 million. It also follows in the footsteps […]
Crypto venture capitalist Dragonfly Capital said on Wednesday it will launch its biggest fund yet, with a valuation of $650 million. The fund is its third such venture, and is called Dragonfly Fund III. The fund is more than twice the value of the firm's previous two firms, which came up to a combined $300...
Venture capital firm Andreessen Horowitz on Tuesday said it had hired Michele Korver to head its crypto regulatory compliance division. Korver's work in the crypto space, when she had served as the first digital currency counsel for the U.S. Justice Department's Criminal Division, had earned her the moniker "Crypto Czar." The firm, which is also...
Crypto adoption is sweeping across traditional financial institutions. Sequoia Capital has launched a new investment fund focused on crypto tokens, according to a report. The over 50 years old venture capital firm is looking to raise between $500 to $600 million for the fund. Sequoia Capital is getting involved in all things crypto American news outlet, Axios,...
Grayscale has continued to make strides in its crypto investments. The asset manager had first made waves in the market when it had launched its bitcoin fund. Since then, it had added altcoins to various funds that it manages on behalf of its clients. With the bull rally continuing this year, Grayscale has made waves with its crypto assets under management. Gains have...
Amid the expanding crypto crackdown, Hong Kong Venture Capital giant, CMCC Global is launching yet another round for its crypto fund, aiming to accumulate $300 million this time around. Furthermore, the firm is reaching out to billionaire investors like Richard Li to bet on blockchain and Defi. Richard Li had already anchored CMCC’s last crypto The post Hong Kong’s top VC firm approaches...
Binance announced the biggest crypto fund...
Switzerland's financial watchdog Financial Market Supervisory Authority (FINMA) on Wednesday approved the country's first-ever dedicated crypto fund. The new crypto fund would be called the Crypto Market Index Fund FINMA has categorized the crypto fund under "other funds for alternative investments." The Swiss regulatory watchdog said even though the crypto fund would be regulated under The post Breaking: Switzerland's Financial Regulator Approves First...
10T Holdings, a private equity firm backed by the likes of British billionaire Hedge Fund manager Alan Howard has raised a whopping $750 million from investors to launch its first-ever crypto fund. The new fund would offer investors exposure to the fast-growing crypto market. The founder of the private equity fund Dan Tapiero revealed that The post British Billionaire Alan Howard Led Equity...
One River Digital Asset Management already holds $600 million in bitcoin and ether.
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