Tag: Funds

Morgan Creek Digital Secures $40M Backing from Public Pension Funds

Morgan Creek Digital Secures M Backing from Public Pension Funds According to Bloomberg, renowned digital asset firm Morgan Creek Digital has successfully closed a new $ 40 million blockchain-specific venture capital fund. It has done this because of major contributions from two US public pensions. Initially, the venture looked to raise $ […]

ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds

ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds A registration statement for a new exchange-traded fund (ETF) that will invest in bitcoin futures among other traditional investments has been filed with the U.S. Securities and Exchange Commission (SEC). The fund’s portfolio will include bitcoin futures […]

Ethereum Studio Consensys’ Wild Ideas and Squandered Funds Led to Major Layoffs

Ethereum Studio Consensys’ Wild Ideas and Squandered Funds Led to Major Layoffs Ethereum incubator Consensys is to cut 50 to 60 percent of its employees. The blockchain software company has already laid off 13 percent of its workforce in order to survive the bear market. According to one source, lack of product, […]

Israeli Firm Launches Three Cryptocurrency Investment Funds

Israeli Firm Launches Three Cryptocurrency Investment Funds An Israeli investment firm has launched two cryptocurrency funds, with a third on the way. The company’s CEO explained the funds’ three investment strategies to news.Bitcoin.com. These funds are Cayman Islands-registered, available to institutional and accredited investors. Also read: Yahoo! Japan Confirms Entrance Into the […]

Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense

Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense In recent regulatory news, a Canadian court plans to take custody of $ 19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York […]

Quadrigacx Battles Bank Over $21.6M in Frozen Funds

Quadrigacx Battles Bank Over .6M in Frozen Funds Cryptocurrency exchange Quadrigacx has blamed an ongoing legal dispute over $ 21.6 million worth of funds that were frozen by the Canadian Imperial Bank of Commerce (CIBC) in January for delays experienced by some of its customers when requesting fiat currency withdrawals. […]