Large VCs are sidelining smaller crypto investors, PwC crypto lead says
Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation. Go to Source Powered by WPeMatico
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Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. Go to Source Powered by WPeMatico
Blockchain unicorn Fireblocks raises $310M
The investment round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X. Launched in 2020, SCB 10X is the venture capital arm of Siam Commercial Bank, Thailand’s oldest bank. Go to Source Powered by WPeMatico
Institutions continue offloading BTC exposure despite price rebound
Bitcoin funds are still in decline as institutional sentiment remains bearish. Go to Source Powered by WPeMatico
Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2
Elon Musk and Michael Saylor have emerged as two of the most influential names in crypto. A new sentiment-driven analysis from The TIE and eToro USA reveal the extent of their influence. Go to Source Powered by WPeMatico
$10B asset manager registers new Bitcoin fund with SEC
Stone Ridge Asset Management, the parent company of New York Digital Investment Group, or NYDIG, has been actively pursuing new investment vehicles for Bitcoin. On Friday, Stone Ridge’s open-end mutual fund revealed a new Bitcoin-focused investment strategy. Go to Source Powered by WPeMatico
Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto
Cathie Wood’s Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. Go to Source Powered by WPeMatico
FXT token taps into Binance Smart Chain following ERC-20 success
The BEP-20 based FXT token hopes to “replicate the success of its variant – ERC-20 Token.” Go to Source Powered by WPeMatico
Number of investors owning Bitcoin has tripled since 2018: Gallup Poll
Three times more U.S. investors are holding BTC now than in 2018 according to the poll. Go to Source Powered by WPeMatico
Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of the company’s family office clients are asking about blockchain and cryptocurrency technologies. Following … Read more