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Blockchain early-stage VC Portal Ventures is nearing the final fundraising of its second $75 million fund, which founder and general partner Evan Fisher said was oversubscribed to $90 million. According to a filing with the Securities Exchange Commission (SEC) in August, the initial fund target was $70 million, but Portal later decided to raise the cap by $5 million.
The Brazilian Securities and Exchange Commission (CVM) has approved the second Solana exchange-traded fund (ETF), which the agency has disclosed in its central database. According to the CVM database, the new Solana (SOL) ETF is in the pre-operational stage and will be launched by Brazil-based Hashdex, a Brazil-based asset manager with over $962 million in assets under management, in partnership with local investment bank BTG Pactual. Hashdex, an experienced player in the ETF space of the B3 sto...
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