Grayscale Adds Three Protocols; Removes Two Others

Grayscale Investments, billion dollar investment firm, just added some big names to its coffers.  Covered: Grayscale Adds Three Interoperability-Focused Protocols Removes Two Smaller Projects Grayscale Adds Three Interoperability-Focused Protocols Grayscale Investments is adding three crypto assets to its three diversified funds and removing another two from the product. Avalanche (AVAX), Polkadot (DOT), Cosmos (ATOM) were […]

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HSBC Plans Metaverse Fund for Rich Asian Clients

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Nexo launches $150 million Web3 investment fund

Nexo announced today that it has launched Nexo Ventures, its in-house Web3 focused investment and acquisition fund.

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Crypto Flipsider News – September 8th – Oil Prices Drop, Followed by Crypto Crash, the SEC Threatens to Sue Coinbase, Shares Drop, Germany Investment Funds, and Crypto Volatility

Read Wednesday's breaking news in the daily digest!

Continue reading Crypto Flipsider News – September 8th – Oil Prices Drop, Followed by Crypto Crash, the SEC Threatens to Sue Coinbase, Shares Drop, Germany Investment Funds, and Crypto Volatility at DailyCoin.com.

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Significant Outflows Hit Digital Asset Funds Amid Hawkish FED Stance

Digital asset investment funds experience substantial outflows of $415 million following hawkish FED rhetoric and higher-than-expected inflation data, according to CoinShares. (Read More)

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Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek to Refrain From Investments in Crypto Companies for Now The sovereign wealth

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HKMA and PIF Forge $1 Billion Investment Fund to Boost Hong Kong-Saudi Economic Ties

The Hong Kong Monetary Authority and Public Investment Fund sign an MoU to establish a $1 billion investment fund, focusing on key industries like manufacturing and renewables. (Read More)

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Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong

One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland. Chinese Insurance Giant Enters Crypto Space Through Hong [...]

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1inch Investment Fund Dumped 11,000 ETHs (WETHs) for Fusion Test

Ethereum address starting with 0x225d, identified as 1inch: Investment Fund, has reportedly made a substantial swap of Wrapped Ethereum (WETH) for stablecoins USDT and DAI, according to data from DeBank. (Read More)

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