Wall Street-Linked Firm Unveils Bitcoin Fund Worth $140 Million

Wall Street-Linked Firm Unveils Bitcoin Fund Worth $140 Million
фото показано с : beincrypto.com

2020-5-15 15:20

According to a Form-D filing with the US Securities and Exchange Commission, the New York Digital Investment Group has sold almost $140 million in its NYDIG Bitcoin Yield Enhancement Fund LP. The pooled investment Bitcoin fund was previously unknown to the public but was awarded a BitLicense in 2018.

The documents, reported by Forbes, show that the NYDIG fund has been selling since May 5. [Forbes]

The fund has been linked with Ben Lawsky, known as the ‘Sheriff of Wall Street’ for fining financial institutions to the tune of $6 billion during his stint as NY State’s superintendent of financial services.

Also connected with the fund is the co-founder of Stone Ridge Asset Management, Robert Gutman. T

he news coincides with JPMorgan opening bank accounts for Coinbase and Gemini — showing increased interest from traditional finance in the Bitcoin industry.

The post Wall Street-Linked Firm Unveils Bitcoin Fund Worth $140 Million appeared first on BeInCrypto.

origin »

Smart Investment Fund Token (SIFT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 SIFT

fund bitcoin million 140 investment sold enhancement

Источник: beincrypto.com

fund bitcoin → Результатов: 126


Фото:

Norwegian Sovereign Wealth Fund Increases Crypto Holdings, Giving Every Citizen an Indirect $27 Bitcoin Stake

The Norwegian sovereign wealth fund, also known as the Government Pension Fund Global,  has increased its indirect exposure to Bitcoin in 2024. However, this increase is not due to direct investment in cryptocurrencies, but rather through investments in companies that hold significant Bitcoin assets.

2024-8-27 18:59


Фото:

Historic Stanford’s student-run Blyth Fund allocates 7% of its portfolio in Bitcoin

Blyth Fund, an investment fund that oversees a six-figure portion of Stanford Endowment, has dedicated 7% of its portfolio to Bitcoin (BTC). The student-run fund bought Bitcoin at $45,000. Revealing the news via his X account, the Stanford Blockchain Club leader Kole Lee said the purchase happened after he pitched to the Blyth Fund about […]

2024-3-5 14:53


Фото:

Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange

The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as […] The post Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange appeared first on Bitcoin News.

2020-10-1 18:45


The Templar Fund: Meet the Transparent Bitcoin Fund That Has Earned More than 75% Return Since 2018

It is a common error to think that Bitcoin is anonymous, when in fact, Bitcoin is completely transparent. Every transaction conducted since its inception can be found on the blockchain. Thanks to a laThe post The Templar Fund: Meet the Transparent Bitcoin Fund That Has Earned More than 75% Return Since 2018 appeared first on AMBCrypto.

2020-4-7 19:00


Novogratz Hints at Galaxy Digital Launching Two New Bitcoin Funds Amidst the Market Slump

Amidst the ongoing downturn, Galaxy Digital’s chief executive officer has announced that a new Bitcoin fund is coming. While speaking to CNBC’s Squawk Box on Oct. 24, Novogratz hinted at plans to launch this fund that will allow people easy access to the flagship cryptocurrency. He explained, “It is just a Bitcoin fund that takes […]

2019-10-25 17:19


CMCC Global Launches the Liberty Bitcoin Fund, Aims to Help Accredited Crypto Investors in Asia

Hong Kong based fund management firm sets its goals on providing Bitcoin investment services including buying and custody of the pioneer cryptocurrency. On Sept 18, the venture capital group CMCC Global announced their latest single asset fund, Liberty Bitcoin Fund to enhance BTC adoption and trading amongst accredited investors. ‘Launch is Demand Driven’ Since the […]

2019-9-19 19:39


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Eric Trump Warns Wall Street: ‘Embrace Crypto Or Die’

US presidential son Eric Trump urged the traditional financial sector and Wall Street to evolve and embrace cryptocurrencies before they get left behind. Trump made the remark after his father, US President Donald Trump, announced that the US government is moving towards the creation of a Strategic Crypto Reserve.

Here’s why Bitcoin price correction could last until April

Bitcoin’s price is expected to stay under pressure until April, with analysts warning a stronger U.S. dollar and shifting market dynamics influencing its trajectory. Bitcoin’s (BTC) price may stay under correction until April, according to a new Matrixport analysis, which…

Bitcoin’s steep corrections may be ‘relic of past’, analysts say

With institutional involvement and shifting market dynamics, analysts believe Bitcoin’s bull market could outlast past cycles, extending past 2025. Bitcoin’s (BTC) future might break from its usual cycle, with analysts suggesting that past steep corrections could be a thing of…

Wall Street Ready To Dive In: CEOs Respond To Trump’s Ambitious Crypto Initiatives

In a notable change of sentiment, Wall Street executives are expressing a newfound optimism toward the crypto industry just days into President Donald Trump’s second administration. This shift is largely attributed to the 47th President’s pro-crypto agenda, which marks a stark contrast to his previous skepticism during his first term. Morgan Stanley CEO Advocates For […]

How TradFi is validating crypto’s long-held truths

The following is a guest post by Mauricio Di Bartolomeo, Co-founder and CSO at Ledn. After years of dismissing the asset, Wall Street is finally recognising Bitcoin’s potential. At Bitcoin 2024 in Nashville, the air crackled not just with the usual enthusiasm, but with the unmistakable scent of vindication.