Investment Fund – Ƀitsell X

Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems

September 13, 2024

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s head of product highlighted the potential of XRP to transform financial infrastructure. Grayscale Launches XRP Trust for…
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Report: Pantera Capital Eyes Fresh Funds for New TON Token Investment

June 22, 2024

Pantera Capital, an American investment firm, is reportedly preparing to raise funds for a new investment in toncoin (TON). This news follows Pantera’s earlier significant investment in TON, marking one of its largest investments to date. Pantera Capital Plans New Investment in TON Blockchain This week, theblock.co journalist Yogita Khatri revealed that Pantera is soliciting…
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Franklin Templeton Enables USDC Conversions on Benji Investments Platform

June 6, 2024

Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens. USDC Conversions Now Available for Franklin Templeton’s Onchain Fund on Benji Global…
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Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

July 13, 2023

Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek to Refrain From Investments in Crypto Companies for Now The sovereign wealth…
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Investment Fund Focused on Crypto Mining to Be Created in Russia

March 3, 2023

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining Sector to Attract Shareholders Through Investment Fund Work has begun to set…
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Felix Capital Raises $600 Million to Grow Web3 Exposure

June 11, 2022

Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its new business strategy. Felix Capital…
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What Is El Zonte Capital? Could Keiser, Herbert, And Klippsten Shake The Market?

March 12, 2022

A new investment fund, El Zonte Capital hopes to bring the Bitcoin Beach experience to the whole world. Controversial journalists and podcasters Max Keiser and Stacy Herbert joined forces with Swan Bitcoin’s Cory Klippsten to put their money where their mouth is. El Zonte Capital has $5M in committed funding, and that’s just the beginning. …
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Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund

December 18, 2021

The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement, the partner’s mission is to attempt to bridge blockchain, Web3 technology, and social media together. Polygon and…
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Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

November 30, 2021

Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy…
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European Investment Fund Unveils €400M Blockchain, AI Initiative

November 22, 2019

The European Investment Fund has launched a new investment scheme aimed specifically at retaining AI and blockchain technology development in the region. The European Commission and European Investment Fund (EIF) has launched a new investment scheme for artificial intelligence (AI) and blockchain in Europe, the organization announced in a Nov. 20 blog post. The announcement…
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