X Financial Announces its Investment in a VC Fund Managed by Dragonfly Ventures II, L.P

2021-3-3 07:43

X Financial , a leading technology-driven personal finance company in China, today announced commitment to invest in an aggregate amount of US$10 million in a VC fund managed by Dragonfly Ventures II, L.P. for blockchain industry investment opportunities. Dragonfly is a venture capital fund focusing on the blockchain industry with its long-term value investment strategy and research-driven process. Dragonfly has made investments in some of the leading blockchain platforms including Maker, Compound, Celo, UMA, etc.

The Company believes that this investment can bring an opportunity of exploring innovative technologies and the potential for improved profitability in long term, which is in line with the Company’s business strategies. 

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Èñòî÷íèê: blockchainnewstoday.com

managed fund → Ðåçóëüòàòîâ: 66


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Institutional Investors Pile Into Crypto Exchange-Traded Products: Managed Assets Rise to $44 Billion This Month

The total assets under management across all crypto exchange-traded products (ETPs) worldwide have risen 50% this month to nearly $44 billion. Among listed products, Grayscale’s bitcoin trust tops the list with the most assets under management while Bitwise’s fund was the best performing bitcoin product by market price over the last 30 days. Cryptocompare published […]

2021-2-28 23:30


Ôîòî:

Bitwise Joins the $1 Billion Cryptocurrency Asset Club

Bitwise attributed the particularly strong growth to a pair of funds — the Bitwise 10 Crypto Index Fund and the Bitwise DeFi Crypto Index Fund. The DeFi index fund is the first of its kind. “Professional investors value index funds because they provide exposure while delivering peace of mind that the strategy will be managed … Continued The post Bitwise Joins the $1 Billion Cryptocurrency Asset Club appeared first on BeInCrypto.

2021-2-24 09:08


VELIC Secures Investment from Japanese Venture Capital, B Dash Ventures

VELIC, a digital asset platform based in Singapore, announced an investment from a fund managed by B Dash Ventures, prominent venture capital in Japan. The investment will jumpstart VELIC’s blockchain financial ecosystem, and Hiroyuki Watanabe, CEO of B Dash Ventures, will serve as an advisor to provide further insight and network in the blockchain space.

2019-4-1 11:18


Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions

The University of Michigan’s $11. 9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz. The public university said in its Regents Communication agenda that it was looking to make additional investments into the California-based venture capital firm’s CNK Fund I.

2019-2-22 17:40


Ôîòî:

Reality Shares Bitcoin Futures ETF ‘Moves Ball Forward’ For Crypto

Cryptocurrency advocates have reacted warmly to an effort by asset manager Reality Shares to gain approval for a ‘partial’ Bitcoin ETF from US regulators. Less Exposure, Less Rejection? Announced in a prospectus filed with the US Securities and Exchange Commission (SEC) February 11, Blockforce Global Currency Strategy ETF aims to invest 15 percent of funds into CME Group and Cboe’s Bitcoin futures.

2019-2-12 15:00


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