Tagged: Crypto Fund

Locus Finance Founder Iakov Levin: Finance Professional Comments on Midas Closure, Lessons Learnt from Bankruptcy

  We recently caught up with the former CEO of Midas Finance, who built a $300 million crypto-fund that has gone bankrupt with the CeFi market collapse and who claims he has taken all his lessons with him to revive growth back into DeFi with… Read More

London’s Nickel Digital Asset Management Reports Steady Performance of Arbitrage Fund

  London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has “outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the COVID period.” As noted in an update shared with CI, its Digital Asset Arbitrage Fund had… Read More

Digital Assets: Andreessen Horowitz Launches Fourth Crypto Fund, Totaling $4.5B

Since the advent of computing in the 1940s, there has been a “major computing cycle” every 10-15 years, including PCs in the ‘80s, the internet in the ‘90s, and mobile computing in the ‘00s. The team at Andreessen Horowitz believes that blockchains will “power the… Read More

White Star Capital, a Tech VC Platform, Announces Second Digital Asset Fund

White Star Capital, a multi-stage tech venture capital investment platform that backs founders building interantional businesses, announced the initial close of its second Digital Asset Fund (DAF II). The fund, which will continue to invest in crypto-networks and early-stage blockchain or DLT-powered Web3 businesses, with… Read More

James Wo: CEO at Digital Financial Group Discusses Future Impact of CeFi, DeFi, NFTs, Polkadot

We recently connected with James Wo, the Founder and CEO at Digital Financial Group, an investment company empowering Web 3.0 applications and blockchain or DLT -enabled platforms. Wo discussed the different products and services that his company supports. He also discussed the long-term impact that… Read More

Andreessen Horowitz Announces Largest Crypto Fund Ever at $2.2 Billion, Adds Big Name Advisors Like Former SEC CorpFin Director Bill Hinman

Andreessen Horowitz (a16z), one of the world’s leading VCs, has revealed a $2.2 billion crypto fund – the largest of its kind ever. The VC said they believe the next wave of computational innovation will be driven by crypto and they are “radically optimistic about… Read More

Tech Firms in Developing Economies to Receive Funding in Bitcoin (BTC) and Other Digital Currencies from UNICEF’s Crypto Fund

Eight tech firms in developing and emerging world economies will reportedly receive investments from the United Nations Children’s Fund (UNICEF), in order to “solve local and global challenges.” The fund now includes cryptocurrencies. In October 2019, UNICEF created a crypto-asset fund in order to receive,… Read More

Giant VC Firm Andreessen Horowitz Is Planning to Secure $450 Million in Capital for its Second Cryptocurrency-focused Fund

Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) is planning to secure $450 million in capital for its second digital asset-focused fund, according to a recent report from the Financial Times (FT). Sources familiar with the matter told the FT that the giant VC firm… Read More

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