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funds News and Articles



Galaxy Digital crypto

Galaxy Digital Announced Raising $500 M

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Blockchain tech and crypto-focused financial services provider Galaxy Digital announced raising funds. The firm will contribute the amount to the growth of the crypto space. Galaxy Digital intends to raise $500 M by selling five-year convertible notes in exchange for company stocks. As the company...

Horizon Bitcoin ETF

Canadian Bitcoin ETFs Facing Problems with Service Delivery

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While most cryptocurrencies have been seeing major declines through the week, some of the BTC exchange-traded funds of Canada face problems. The news came from Financial Times which announced that two funds run by Horizons ETFs issued a market disruption warning for investors. That is a situation...

Dragonfly fundraise

Dragonfly Capital Opens $225 M Fund to Support Crypto

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California-based crypto venture company Dragonfly Capital established another fund valued at $225 M to invest in various crypto-related undertakings. In a post published on March 26, the company mentioned it considers mainly investing in four sectors: DeFi networks, NFT market, Ethereum Layer 2...

Morgan Stanley to offer BTC funds

Morgan Stanley Offers Wealthier Clients Access to BTC Funds

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Multinational investment bank Morgan Stanley enables customers who correspond specific points to reach Bitcoin funds. The establishment will introduce 3 of them: two from Galaxy Digital and one from NYDIG and Franklin Square Holdings. Access to these supplies is only possible for the customers...

Huobi to form crypto funds

Huobi Global to Launch Crypto Funds

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The Asian cryptocurrency market has been growing. Seychelles-based cryptocurrency exchange Huobi announced its plans to form cryptocurrency funds like Grayscale. No many details are known at the moment. However, as Huobi has a considerable impact on the Asian market, the upcoming funds are supposed...

Grayscale plans offering more altcoins

GrayScale Mentioned the Tokens It Considers to Offer

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Major digital currency manager GrayScale informed about planning to integrate altcoin trusts in January. Presently, the company offers eight asset investment trusts. They are BTC, BCH, ETH, ETC, ZEN, LTC, XLM, and ZEC. Besides, the organization represents one multiasset capital called Grayscale...

Biconomy raised $1.5 M

Biconomy Seed Funding Reaches $1.5 M

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Blockchain empowering developer protocol Biconomy raised $1.5 M in the financial backing first stage, organized by venture house Eden Block. There were eight more contributors taking part in the phase. Blockchain-centered venture capital organization Fenbushi Capital, crypto trading market...

SkyBridge BTC funds

SkyBridge Capital Has Put $182 M in BTC

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New York-based global investment enterprise SkyBridge, which owns $9.3 B worth of capital, intends to launch a Bitcoin fund on January 4. The organization submitted papers to the Securities and Exchange Commission on December 21. As mentioned in an investor brochure, the total sum of SkyBridge's...

BTC custodian funds reached 16 B

BitGo Now Holds Assets Worth 16 B

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California-based digital asset trust and security firm BitGo informed about its custodial funds reaching 16 B. Market analysts indicate that most likely this is a result of institutional investors needing to ensure security for custody. Among BitGo's customers are Galaxy Digital, Goldman Sachs, and...

TSX listed  the first Eth Fund product

Eth-based Fund Functions in Canada with $76 M Surged

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Toronto Stock Exchange has officially listed the first Ethereum-powered Fund product, which got over $76.5 M from capitalists. On Thursday authorities announced that the Ether Fund has finished its initial public offering of 7,240,000 Class A Units and Class F Units. the fundraiser managed by the...

1 million ETH received for ETh2.0

More Than 1 Million Eth Locked up in ETH2

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After 4 days the beacon chain has launched, Eth2.0 keeps attracting deposits. The contract has received over 1 million ETH worth above $605 M. The stakers will get rewards in the future when staked amounts will be available for withdrawals. The closing day of the contract isn't defined yet. Rewards...

Mt. Gox rehabilitation plan postponed

Mt. Gox Trustee Rehabilitation Plan Prolonged

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Mt. Gox crypto exchange is known for encountering the largest crypto hack ever. As stated, the exchange lost a total of 1.35 million Bitcoin in two hacks in 2011 and then in 2014. It was based in Shibuya, Tokyo. In 2014 the organization closed its website and exchange platform applying for...

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