Tag: Capital

6 Questions for Joe DiPasquale of BitBull Capital – Cointelegraph Magazine

[ad_1] We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Joe DiPasquale, CEO of BitBull Capital — a company that manages a bundle of crypto hedge funds and has access to closed and exclusive funds. Joe DiPasquale is CEO of BitBull Capital, which has managed crypto hedge funds since 2017. Joe founded BitBull because he believes in active management in crypto investments.…

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Venture Capital Relationship With Bitcoin

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[ad_1] With the printing press in overdrive, there is an ever-increasing amount of fiat looking for a home. In order to avoid being debased and lose purchasing power, capital allocators are charged with finding investments that can outperform the rate of monetary inflation. Thus, more and more capital is being allocated further out on the risk curve. Enter venture capital. Venture capitalists provide financing to startups and early-stage businesses. Since 90% of early-stage businesses fail (according to Investopedia), venture capital is certainly well to the right on the risk curve.…

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Assembly announces $100M capital raise, receives praise from Iota co-founder Dominik Schiener

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[ad_1] On Friday, Assembly, a decentralized layer one smart contract network built within the Iota ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital and Huobi Ventures. The project stated that the funds will be used to accelerate the development of decentralized finance protocols, nonfungible tokens (NFTs) and play-to-earn crypto games. Iota is a blockchain designed for facilitating Internet-of-Things transactions. Its proprietary technology consists of a system of decentralized acyclic graphs that can connect to one another in multiple vectors as opposed to in-series…

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6 Questions for Han Kao of Sanctor Capital – Cointelegraph Magazine

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[ad_1] We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Han Kao, founder of thesis-driven investment fund Sanctor Capital and co-founder of crypto research company Crypto Briefing. Han grew up in New York City and studied economics at Columbia University. He started as a software developer but soon realized he wanted to be an entrepreneur. Over the years, Han has founded…

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Three Arrows Capital execs launch NFT fund

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[ad_1] Executives hailing from Singapore-based fund manager, Three Arrows Capital (3AC), have launched a fund focused on collecting premium digital art in the form of nonfungible tokens (NFTs). The fund, dubbed Starry Night Capital, was founded by Three Arrows Capital’s CEO, Su Zhu, 3AC co-founder, Kyle Davies, and the pseudonymous NFT collector, Vincent Van Dough. Van Dough announced the fund via an Aug. 31 tweet, stating: “Our thesis is simple, we believe the best way to gain exposure to the cultural paradigm shift being ushered in by NFTs is owning…

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Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow – Finance Bitcoin News

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[ad_1] Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset manager will be filing for an ether exchange-traded fund (ETF). Skybridge Capital CEO Anthony Scaramucci revealed in the latest episode of The Scoop, published Tuesday, that his asset management firm has launched a private ethereum fund. “July 1st, we’re launching a private ethereum fund,” he said prior to the launch of the ether fund, adding: We’ll then file for an ETF for ethereum. Again, it is anybody’s guess when…

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$157B Victory Capital plans to enter crypto market

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[ad_1] Investment firm Victory Capital Management announced it would be taking steps for its U.S.-based investors to get exposure to the crypto market. In a Wednesday announcement, Victory Capital said it would be the exclusive sponsor of “private placement funds and other vehicles” based on the Nasdaq Crypto Index, or NCI, an index developed by Nasdaq and Brazilian crypto asset manager Hashdex. The firm said it plans to launch a private fund for accredited investors tracking the NCI, as well as private funds that will track the Nasdaq Bitcoin Reference…

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C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency

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[ad_1] In a press release today, C.R.E.A.M. Finance announced a new feature for (and, by proxy, an unofficial relaunch of) Iron Bank, the protocol-to-protocol lending platform designed for flash and undercollateralized loans.  C.R.E.A.M., which founder Leo Cheng describes as “the yolo-est Compound fork,” is a money market designed to cover assets that are “underserved” and allow for greater capital efficiency for decentralized finance (DeFi) power users, listing assets such as Yearn vault tokens and liquidity pool tokens. “We’re adding assets that people want to have, but others may be scared…

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