At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital.
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.
Crypto-finance company Amber Group valued at $1B following $100M raise
The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners.
SEC opens to comments on whether to approve VanEck Bitcoin ETF
The filing came before the commission’s June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April.
$157B Victory Capital plans to enter crypto market
The firm aims to let U.S. investors get exposure to crypto through a private fund tracking the Nasdaq Crypto Index.
CEO of World’s Largest Asset Manager Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset
The head of the world’s largest asset manager has provided a bullish take on the world’s first cryptocurrency.
Crypto Long & Short: Bitcoin Gets Ready for a New Type of Hedge
Traditional 60/40 portfolio allocations to equities and bonds is doing a disservice to savers. It’s time for a new type of hedge.
‘Big 4’ Auditor KPMG Launches Crypto Asset Management Tools
KPMG has built a suite of tools designed to make it easier to collate and query data from both traditional databases and blockchains, allowing for streamlined cryptoasset management.
Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.