Alpha Liquid Fund, a crypto fund owned by digital asset financial services and consulting firm Alpha Transform Holdings (ATH), announced a strategic partnership with the XNET Foundation and plans to invest $2 million to purchase tokens in its XNET ecosystem, which currently provides broadband wireless services on the Solana chain and deploys wireless networks in a decentralized manner.
Digital Asset Financial Institution Group Arca and crypto investment firm BlockTower Capital are interested in merging. According to an announcement released on Wednesday, the two companies have signed a letter of intent for an all-share transaction to reach an all-share transaction. While the respective business units will transition to a unified brand, BlockTower Venture Capital will remain independent. Arca co-founder and chief investment officer Jeff Dorman pointed out that new investment ve...
MatrixPort, a digital asset financial services platform, and exSat, a bitcoin expansion solution, have reached a comprehensive strategic partnership, which will give full play to their respective advantages to accelerate the development and application of the bitcoin ecosystem, and open a new era of bitcoin development. BTC TVL liquidity of 3 to 600 million US dollars is about to arrive at exSat, which is expected to create a new record for the bitcoin ecosystem TVL. MatrixPort's expertise and u...
Digital asset financial services firm Galaxy Digital (GLXY) posted a net loss of $177 million for the second quarter, nearly four times the amount in the same period last year, due to the cryptocurrency market pullback. Galaxy's digital asset holdings posted a net loss of $161.70 million. Bitcoin fell 12 percent in the quarter after surging nearly 70 percent in the first three months, according to Coinglass. In the first half, Galaxy's net income was nearly $245 million, up more than 175 percent...
Michael Novogratz, CEO of digital asset financial services firm Galaxy Digital Holdings Ltd., wrote on the X platform that the Ethereum ETF has changed the cryptocurrency industry, not only opening a new channel for Ethereum, but also giving much-needed regulatory clarity to confirm that ETH is not a security.
Crypto-asset financial services provider SCRYPT announced the completion of a $5 million strategic financing round led by Braza Bank and joined by venture capital firms Funfair Ventures, Cabrit Capital, and Atlantic Labs. SCRYPT has also recently received approval from the Swiss regulator to launch an asset management solution, and SCRYPT Digital Investments AG will receive a portfolio manager license from the Swiss financial marekt regulator (FINMA) in July 2023.