Funds

Funds

Finance

Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg

The Binance fund will be open to contributions from other industry players.

Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Finance

Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund

The fund was shuttered on Aug. 31 with around $20 million in assets under management, the CEO confirmed.

Arca CEO Rayne Steinberg (CoinDesk archives)

Policy

Collapsed Australian Crypto Exchange ACX Allegedly Used Customer Funds to Run Business

The accusation was made by the company's liquidators in court.

Australian dollars (Squirrel photos/Pixabay)

Finance

New Bitcoin-Focused VC Firm Ego Death Capital Raising $30M

The fund had raised over $11 million of its target as of mid-September.

(Pixabay)

Policy

Australian Regulator Suspends Holon's Crypto Funds Managed by Gemini

All three funds are managed by the crypto exchange Gemini.

Parliament house, Canberra, Australia. (Unsplash)

Finance

Stablecoin Issuer MakerDAO to Invest $500M in US Treasurys, Corporate Bonds

The move is a way for Maker to diversify its balance sheet and make the backing of its stablecoin more stable.

MakerDAO founder Rune Christensen (CoinDesk TV)

Finance

Investment Manager Hamilton Lane to Tokenize 3 Funds Through Securitize

The move will make private market investments available to more people.

Securitize CEO Carlos Domingo (Securitize)

Finance

Valkyrie Funds to Offer Crypto SMAs, Challenging Ark and Franklin Templeton

The crypto-native investment manager will offer actively managed strategies that delve into bitcoin, ether and more.

Valkyrie CEO Leah Wald (CoinDesk TV)

Finance

Crypto VC Pantera Capital Looks to Raise $1.25B for Second Blockchain Fund: Report

Founder Dan Morehead said at a conference in Singapore that the fund will invest in digital tokens and equity

Pantera Capital CEO Dan Morehead (CoinDesk)

Finance

SoftBank, Deutsche Telekom Back $300M Fund With Web3 Component

The fund from DTCP launched in March and is still raising money. It is expected to close in 2023.

(Pixabay)