crypto investment – Page 3

55% of world’s top-100 banks reportedly have crypto and blockchain exposure

Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects.

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Vontobel’s wealthy clients are interested in crypto, says CEO

The Swiss bank said some of the firm’s clients are allocating part of their portfolios to crypto.

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Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers

The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients.

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$200M hedge fund pauses crypto arbitrage trading amid market downturn

The hedge fund co-founder says it is keeping its investment powder dry for when the crypto market resumes its parabolic advance.

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Simplex Tie-Up With Kava Brings Fiat Directly to Defi

As Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility and Participation As decentralized finance (defi) regains its footing following the May decline in total-value-locked […]

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Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers

A recent Opinium poll has shown that a majority of British financial advisers are not advocates of crypto investing for their clients.

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Bitwise secures $70M in Series B funding from major Wall Street investors

Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million.

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Mike Novogratz-backed firm announces $100M crypto investment fund

Cryptology Asset Group wants to invest $100 million into new crypto and blockchain-focused venture funds.

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Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say

In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is […]

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ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals

The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad range of cryptocurrencies. ECB VP Says Crypto Is Not a Real Investment European Central Bank Vice President […]

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