Tags : Fund


Cryptocurrency

First Change Traded NFT Fund Shuts Down

NFTZ, broadly touted because the world’s first exchange-traded fund for NFTs, is shutting down.  Defiance ETFs announced Tuesday that it’ll “shut and liquidate” NFTZ, its Defiance Digital Revolution ETF, by February 28. When it kicked off buying and selling in December 2021, Defiance ETFs co-founder and Chief Funding Officer Sylvia Jablonski said NFTs “might be […]Read More

Litecoin

Bitcoin Shorts Dominate Weekly US Crypto Fund Inflows: CoinShares

Although inflows into crypto merchandise reached $37.3 million final week, greater than two-thirds of that quantity (68%) was into brief funding merchandise, digital asset funding agency CoinShares mentioned in a brand new report Monday. In comparison with the earlier week, final week’s whole inflows are almost 4 occasions as excessive. Germany and Switzerland led inflows […]Read More

Blockchain

Blockchain Founders Fund leads $500K seed spherical for Koinos

Koinos is a free-to-use blockchain developed by a gaggle that additionally helped create the Steem blockchain. The Koinos Group mentioned the Blockchain Founders Fund led the seed spherical, with blockchain gaming platform Splinterlands collaborating. Koinos will use the funds to construct Koinos Professional, a software program product set to assist builders construct scalable decentralised purposes. […]Read More

Blockchain

Deal Field declares $125M enterprise fund to put money into

Deal Field’s enterprise arm will put money into blockchain and Web3 startups. Dubbed Deal Field Ventures, the funding unit will goal tasks in fintech, rising development, actual property, funtech and social affect. Thomas Carter, the founder and Chairman of Deal Field, says the fund will even present the instruments and funding ecosystem startups have to […]Read More

Litecoin

Bitget Leads Drive for Crypto Alternate Safety With $300M Safety

Regulators have been sharpening their pencils after the spectacular fall from grace of the FTX crypto change. Its alleged misuse of consumer belongings left as much as 1,000,000 customers out of pocket and the aftermath has shaken the {industry}. New rules to rein in crypto exchanges are already on the playing cards within the European […]Read More

Regulation

Crypto Investor HashKey Capital Raises $500 Million for Web3 Fund

Crypto-focused asset supervisor HashKey Capital has raised one other $500 million for investments within the Web3 ecosystem.  “Web3” describes an rising set of blockchain-based applied sciences which are ushering in a brand new, decentralized period of the web, together with crypto, DeFi, and NFTs. HashKey’s fund, “FinTech Funding Fund III” (Fund III), acquired commitments from […]Read More

Bitcoin

AVAX Worth Drops By 2% Following Grayscale Elimination of Avalanche

In its newest quarterly replace, Grayscale introduced the rebalancing of funds for the fourth quarter of 2022. As a part of the rebalancing, Grayscale bought off a certain quantity of its Digital Massive Cap Fund and dumped its held tokens, together with Avalanche Community token AVAX.   AVAX has slipped by 2% following the sell-off previously […]Read More

Regulation

AVAX Slips 2% As Grayscale Dumps Avalanche From Massive Cap

The Avalanche community’s AVAX token was down round 2% Friday morning after the Grayscale Digital Massive Cap Fund dumped its holdings. Grayscale disclosed the portfolio rebalancing in a Securities and Exchange Commission (SEC) report on Friday morning, saying it had “adjusted the fund’s portfolio by promoting Avalanche (“AVAX”) and utilizing the money proceeds to buy […]Read More