Crypto investment startup Bitwise is seeking regulators’ permission to offer an exchange-traded fund (ETF) tied to the top 10 cryptocurrencies.
The Bitwise HOLD 10 Cryptocurrency Index Fund ETF would track the returns on the startup’s HOLD 10 Index.
That index is the basis for a passive investment fund which itself invests in the top 10 cryptocurrencies by market capitalization.
This fund “captures approximately 80 [percent] of the total market capitalization of the cryptocurrency market,” the company said Tuesday.
At the same time, there is an effort to encourage the SEC to approve another ETF proposal, offered by VanEck and SolidX.
The startup says it is launching a “revolutionary investment platform” based on blockchain. The idea is to use social networks for gaining access to premium investment products previously available only to the wealthy #SPONSORED
Mike Novogratz Invests $52. 5 Million in Crypto Startup, BlockFi In a recent announcement, it has been noted that crypto fanatic and CEO of Galaxy Digital, Mike Novogratz has invested $52. 5 million on behalf of its firm to a crypto startup called BlockFi.
AETERNITY Blockchain platform investment arm, AETERNITY Venture, is set to announce an investment plan totaling to $1.3 million for nine different startup projects. AETERNITY Venture announced that the nine projects were part of the entities that made it to the finals of the completed month-long AETERNITY Starfleet incubator program. The Starfleet incubator plan official launch […]
DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others.
DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others.
Sequoia China Leads Another Startup Funding With Nervos' $28 Million Round According to an official statement Blockchain-based startup, Nervos Network has announced the successful completion of its Series A funding round with $28 million said to be the official figures raised by the investors.
British pop star Peter Gabriel has invested in blockchain startup Provenance, according to a press release July 18. The amount of his investment has not been disclosed. Gabriel jonis a group of investors led by Working Group Capital Fund, Digital Currency Group, Merian Ventures, and Plug and Play. Provenance’s goal is to create better transparency
CoinMirror, a Berlin-based startup, is launching the public beta of its platform for ICO investments on the Ethereum mainnet today, July 18, 2018. The platform seeks to provide investment opportunities to investors regardless of available capital.
Founder of ICOBox and blockchain investment expert Nick Evdokimov shares his insights into what investors should examine in a blockchain startup before putting their money.
The post Expert Nick Evdokimov Explains How to Invest in Blockchain Startups appeared first on CoinSpeaker.
There are over 600 million Africans living
without electricity despite an abundance of sunshine and hundreds of thousands
of solar projects on the drawing board.
Token economy is the most important factor to consider when investing in a blockchain startup. It should be the structure to evaluate in any worthwhile investment. Like all economies, it is composed of two basic components: supply and demand.
Early Stage Investor is a financial newsletter that claims to identify particularly small startup companies that haven't yet attracted the attention of larger investment banks. The newsletter is pitched in a lengthy video where its author, Matt McCall, describes – but never names – a cannabis-related stock that he expects to earn significant returns. If […]
DREP Foundation, a Singapore blockchain startup that is developing an ecosystem that quantifies and monetizes online reputation value, announced today an investment by KuCoin, a Hong Kong-based crypto exchange.
Most notably, this was a16z’s first investment, Oasis CEO Dawn Song told CoinDesk. The startup is now focusing on developing its core features, Song said, which will be deployed to the company’s private test network – slated to be opened to the public “soon.
In late 2009,
Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money
by championing a digital payment system free from third-party intermediaries
and governmental control.
In late 2009,
Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money
by championing a digital payment system free from third-party intermediaries
and governmental control.
With so many fraudulent ICOs on the market, investors want to discover a way to be more secure in their investment. There is a new startup opportunity with an electric scooter company called Spin, which has aspired to bring up $125 million in funding.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
Imagine an
enhanced field of vision — one which allows us to seamlessly interact with
others, through the use of our hands and without dependency on a screen.
Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup.
At the moment, under the current regulation this California-based company doesn’t have a right to operate like a bank. But as it has become known Robinhood has already begun discussions with regulators with a view to receive allowance to offer banking-like products through different licenses or partnerships. Robinhood is not the only financial technology startup
News that Stellar is in talks to purchase blockchain finance startup Chain has lent new weight to accusations that investment fund manager Ari Paul conducted insider trading with private information.
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships.
Despite the current market correction, Novogratz remains overly positive towards the field in general. Investing in the Future of Cryptocurrencies Mike Novogratz, Founder and CEO of Galaxy Digital Capital Management, announced on Thursday that his asset management firm had invested $ 15 million in a startup which helps businesses build cryptocurrency exchanges and tokenize assets. Previously, Mike
DarcMatter Coin, the blockchain project created by fintech startup, DarcMatter, has completed a highly synergistic and strategic investment and partnership with #Hashed, a top South Korean crypto investment fund.
Japanese venture capital firm Global Brain (GB) and KDDI announced a $5 million investment in Resin. io, an innovative startup that provides a comprehensive management platform for Linux based IoT devices.
The co-founder of top ten cryptocurrency Cardano, Kenji Sasaki, has made a significant investment in the Initial Coin Offering (ICO) of blockchain startup Disciplina. Kenji Sasaki is a well-known co-creator of Cardano, a cryptocurrency that currently has a market cap of over US$5 billion.