Berachain Co-Founder Refutes Claims on Brevan Howard Refund Right, Calls Story ‘Inaccurate’

Berachain is under scrutiny after reports revealed a refund right granted to co‑lead investor Brevan Howard Digital’s Nova fund on its $25 million Series B stake. The project’s co‑founder dismissed the coverage as inaccurate, insisting the clause was a compliance measure tied to Nova’s liquid fund strategy rather than investor protection. Refund Right Explained Berachain, … Read more

Arthur Hayes’ New Private Equity Fund Focuses on ‘Picks and Shovels’ of Crypto

Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, is launching Maelstrom Equity Fund I, a private equity vehicle seeking to raise at least $250 million to acquire mid-sized, cash-flowing companies serving the crypto industry. Maelstrom Equity Fund I marks Hayes’ first external fund focused entirely on control-buyout deals targeting profitable “picks and … Read more

Proposal Filed With SEC to Transition Bitwise Crypto Fund to Exchange-Traded Product

Bitwise Asset Management has taken a bold step forward by filing to list its Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP) on NYSE Arca. This move sets the stage for what could be a transformative chapter for the well-known and diversified cryptocurrency investment vehicle. Bitwise Proposes Uplisting Crypto Index Fund to … Read more

Parafi Capital Secures $120 Million for Investing in Crypto Funds

The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capital aims to build a portfolio of 30-50 general partner stakes in crypto funds. Parafi Capital Prioritizes General Partner … Read more

CFTC Wins Case Against Crypto Fund Operators

The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment on Monday, finding that the defendants misrepresented the performance of their crypto funds, operated a … Read more

Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund

Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $750 – $850 million crypto-focused investment fund, the largest since its previous $2.5 billion venture fund launched in 2021. Paradigm … Read more