News list for " Investment Company"
Smart Valor, a cryptocurrency exchange and AI-led investment firm, is exploring the possibility of selling all or part of its business. Its CEO and co-founder Olga Feldmeier said the company is conducting a strategic review after receiving a series of inquiries from major global exchanges, cryptocurrency platforms, and traditional financial institutions, including banks and trading platforms. According to two people familiar with the matter, consultants are conducting an auction with a deadline ...
Dubai-based investment firm Sigma Capital has launched the $100 million Sigma Capital Fund I, which focuses on early-stage ventures in the Web3 and blockchain space. The fund will invest in DeFi, blockchain infrastructure, real-world asset tokenization, gaming, and the meta-universe. In terms of investment strategy, Sigma Capital plans to manage a liquid token portfolio and adopt a high-yield DeFi approach to improve returns. Over the next three years, Sigma Capital plans to invest in 100 early-...
Digital asset investment firm CoinShares has announced a reduction in the management fee for its flagship product, CoinShares Physical Bitcoin ETP (code: BITC; ISIN: GB00BLD4ZL17), from 0.35% to 0.25% effective immediately.
Fidelity Investments Canada has cut management fees for the Fidelity Advantage Bitcoin exchange-traded fund.
The newly formed crypto investment firm Metalayer has filed with the Securities Exchange Commission (SEC) to set up a $25 million fund to focus on investments in the crypto industry. It is reported that Metalayer has completed its first round of fundraising and received $20 million in subscribed capital. It is expected to raise funds by the end of the year. The three founders of Metalayer are former executives of Two Sigma Ventures, including former head of digital assets Andy Kangpan. It is und...
On his social media platform, Mr. Musk retweeted a video of migrants from Mars posted by Mario Nawfal, founder and CEO of Dubai-based venture capital firm IBC Group, saying it was backed by the creators of the "meme" OG. In the video, Richard Dawkins, a prominent scholar, praised Musk's plan to colonize Mars as "practical and a great challenge."
Animoca Brands, a Hong Kong-based digital entertainment and venture capital firm, announced it has raised $10 million to build its consumer network, Mocaverse. Participants in the round include OKX Ventures, CMCC Global, HongShan, Republic Crypto, Decima Fund and Kingsway Capital. Mocaverse raised $20 million in September 2023 and another $11.88 million two months later.
According to a Bitcoin News post on social media, grey release investment company (Grayscale Investments) announced that its grey release bitcoin mini-trust ETF and Ethereum mini-trust ETF will begin reverse stock splits on November 19. BTC funds will be split 1 to 5 and ETH funds will be split 1 to 10.
Ari Paul, founder and CIO of digital asset investment firm BlockTower, posted on social media that he is currently in the early part of the overall bull market (i.e. probably 70% progress, or 66% progress). Recent buyers are preparing for a 6-12 month rally, more institutional than retail speculation. He personally expects the market to produce a fairly gradual rally at this stage, which could see 90,000 USD or even 125,000...
According to a poll conducted by venture capital firm Paradigm in October 2024, 5% of U.S. voters identify themselves as single-issue cryptocurrency voters, and 20% of respondents say they currently own or have purchased cryptocurrencies. Paradigm pointed out that 5% of voters support a single issue of cryptocurrency, more than twice as many as in swing states such as Pennsylvania, Michigan, and Wisconsin, where election results are decided by a narrow margin of 1-2%. So...
On October 29, Rohit Sipahimalani, the chief investment officer of Singapore's state-owned investment company Temasek Holdings International, said that if Trump returns to the White House, it may not have a positive impact on the global economy and financial marekt. Sipahimalani pointed out that the Trump administration's policies will lead to a slowdown in global economic growth, which will eventually affect US companies. He also warned that higher interest rates and a stronger dollar will have...
Metaplanet, a Japanese-listed investment company, announced that it will use the "BTC yield" as its Key Performance Indicator, which was first introduced by Nasdaq-listed Micro Strategy in the United States. The company believes that the indicator can be used to supplement investors' understanding of the company's decision to finance the purchase of bitcoin by issuing additional common shares or instruments that can be converted into common shares. Metaplanet disclosed that from July 1, 2024 to ...
Indico Capital Partners, an early-stage venture capital firm headquartered in Lisbon, raised 76 million euros for its fund Indico VC Fund II. It is reported that the investment commitment of Portuguese local bank Banco Portuguese Guês de Fomento (BPF) to Indico VC Fund II has increased from 35 million euros to 50 million euros. The venture capital focuses on seed-round to A-round investment. The investment scope covers artificial intelligence, big data, enterprise SaaS, financial technology, ma...
According to @ai_9684xtpa monitoring, investment firm Arca raised 20,527 AAVs (about $3.19 million) and 8,170 BNB (about $4.84 million) from Binance nine hours ago. Arca has traded AAVE as early as four years ago, and has also interacted frequently with market makers such as Galaxy Digital and Genesis Trading. Currently, AAVE has become the second largest asset on its chain.
The Shanghai artificial intelligence ecological fund led by Shanghai SDIC has been officially released. The fund scale 10 billion yuan, the first phase 3 billion yuan, landed in Xuhui District, and has completed the first 500 million yuan. The fund will focus on the ecological layout of the large model industry chain, invest in AI infrastructure, basic and vertical large models, and the next generation of end-side AI applications. Three sub-areas, guide resource focus, open up the upstream and d...
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