Investment Fund Focused on Crypto Mining to Be Created in Russia

Investment Fund Focused on Crypto Mining to Be Created in RussiaThe establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining Sector to Attract Shareholders Through Investment Fund Work has begun to set […]

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Felix Capital Raises $600 Million to Grow Web3 Exposure

Felix CapitalFelix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling startups, is planning to use part of the funds raised to increase its Web3 exposure as part of its new business strategy. Felix Capital Includes […]

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Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund

Polygon, Reddit Co-Founder's VC Firm Launch $200 Million Social Media Web3 FundThe team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement, the partner’s mission is to attempt to bridge blockchain, Web3 technology, and social media together. Polygon and […]

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Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Galaxy Digital Plans to Raise $500 Million in Debt Market to 'Accelerate Growth Initiatives'Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy […]

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Cardano’s Cfund First Capital Goes to Israeli Fintech Startup Coti

This latest move to broaden cooperation between Cardano and Coti builds upon previous collaborations as the former seeks to upgrade its payment solution on top of the former’s expanding financial infrastructure. Strategic Investment Marks First Allocation for New Ecosystem Venture Fund One of the earliest proposed use cases for blockchain was the democratization of financial […]

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Grayscale Buys 33% of All Bitcoin Mined in Last Three Months

Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the equivalent of 607 BTC acquired by […]

The post Grayscale Buys 33% of All Bitcoin Mined in Last Three Months appeared first on Bitcoin News.

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Pantera Capital Already Raises Over $70 Million for Its Third Crypto Fund

Pantera Capital Already Raises Over $70 Million for Its Third Crypto FundPantera Capital, one of the largest US-based institutional holders of cryptocurrencies, has already raised more than $70 million for its third crypto fund. And the first investment by Pantera Venture Fund III went to Intercontinental Exchange’s Bakkt. Also Read: The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID $175 Million Crypto […]

The post Pantera Capital Already Raises Over $70 Million for Its Third Crypto Fund appeared first on Bitcoin News.

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