Hedge Funds to Financially Empower Blockchain Startups While Incubators Implement Subtle Refinements to Them

Hedge Funds to Financially Empower Blockchain Startups While Incubators Implement Subtle Refinements to Them

BlockSafe seeks $27M, Bitmain sponsors NBA team, Swiss Blockchain Incubator to raise $100M, $15M for MakerDAO, Travis Kling plans a $100M hedge fund

  • Cybersecurity solutions company, BlockSafe, initiated the presale of its token aiming to cobble together $27 million. BlockSafe aspires to use this fund to commercialize and market their blockchain security solutions, and reincarnate the trust and security in this technology.
  • AntPool, run by Bitmain, to sponsor the Houston Rockets, a Texan NBA team, and also invest $500 million in the state’s economy. The sponsor amount remains unspecified, however, the deal’s duration is set for the whole of 2018-2019 season.
  • Crypto Valley Venture Capital to launch the first blockchain incubator in Switzerland and aims to raise $100 million. They launched the initial 'Genesis Hub' incubator in Zug, the heart of Swiss crypto valley. There are also plans to replicate this incubator in different parts of the world to create a global network in the years to come.
  • The $300 million hedge fund, a16z, invested $15 million in MakerDAO hence buying 6% of the total MKR tokens. According to Katie Haun, general partner at Andreessen Horowitz, 'the future economy would belong to decentralized stablecoins'.
  • $100 million hedge fund in the mind of Travis Kling, a former executive at Steven Cohen’s Point72 Asset Management. As Bloomberg predicts, the fund may go live as soon as  2 weeks from now. Named ‘Ikigai’, the fund will be backed by capitals from anonymous partners.


747.25 USD -7.09%
0.08543320 BTC -1.79%
Volume, 24h
536,456 USD
746,958,200 USD

Related news

MAKER Price Prediction Today: Daily (MKR) Value Forecast – July 17

MKR market has been forced down by the US dollar price to trade around a low point at $450. With the bears in the presumed market consolidation moves, a low value of between $400 and $360 marks may be obtained. MKR/USD Medium-term Trend: Bearish Distribution territories: $700, $750, $800 Accumulation territories: $350, $300, $250 The […]
Bitcoin Exchange Guide

Bitcoin Suisse Crypto Startup in Switzerland Bids For Swiss Banking Licence

Crypto finance firm Bitcoin Suisse announced today that it has applied for a banking license. Bitcoin Suisse has applied for a license from the financial supervisor and is also seeking authorization to trade securities. In a press statement, Bitcoin Suisse AG announced that it has submitted an application to the Finma (Swiss Financial Markets Supervision […]
Bitcoin Exchange Guide

Bitmain Launches The First Accreditation Course For Miners, The Ant Training Academy

The mining market is certainly thriving in 2019. After a very hard year in which many miners left the market, this part of the crypto industry is taking off again as Bitcoin’ price is soaring above $10,000 USD. It is during this context that Bitmain, one of the largest crypto miner facturers in the world, […]
Bitcoin Exchange Guide

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.