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fund

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Facebook announces $50M investment fund tasked with developing its virtual metaverse

Facebook has slated $50 million to be spent over the next two years through its XR Programs and Research fund. Facebook has announced it will allocate $50 million to a...
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Fortune launches philanthropic fund for journalism on Ethereum

The fund was established on Endaoment, an on-chain nonprofit organization that helps 1.5 million entities accept cryptocurrency donations. American business magazine Fortune has launched a new decentralized donations fund alongside...
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Skybridge Capital Applies For Cryptocurrency ETF And Accumulates $100 Million For ALGO Fund

A statement from Anthony Scaramucci has revealed the total crypto worth of an Alternative investment firm in Australia’s SkyBridge Capital. He stated that SkyBridge holds crypto worth $700 million presently....
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SkyBridge raises $100M for Algorand fund and files for crypto company ETF

Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF)...
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Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors

A fund manager has been sentenced to more than seven years in prison for operating a Ponzi scheme that cheated investors out of $54 million. Stefan He Qin, the founder...
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Major UK hedge fund Brevan Howard launches crypto division

Brevan Howard also hired former CMT Digital CEO Colleen Sullivan to lead private and venture investments in crypto. Brevan Howard, a United Kingdom-based hedge fund, plans to “significantly expand” its cryptocurrency...
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UK hedge fund launches new crypto division | Coinews

Brevan Howard has also formed a new crypto venture BH Digital Hedge fund Brevan Howard has announced plans to expand its product in the cryptocurrency space, according to news published...
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New fund aims to put hundreds of millions toward Algorand DeFi growth

Different decentralized finance solutions building on the Algorand blockchain could receive a chunk of a new $300 million fund. Decentralized finance, or DeFi, has developed significantly over the past two...
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Korean crypto ‘Jedi Master’ plans to launch second VC blockchain fund

Blockchain VC investment firm Hashed is seeking $173 million for a second fund. One of South Korea’s leading blockchain evangelists is embarking on another huge blockchain fundraise following the success...
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SBI reportedly looks to launch crypto fund in Japan by December

An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first. Japanese financial conglomerate SBI Holdings is reportedly planning to...
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