OP Crypto targets $100 million for fund to back early-stage crypto fund managers (via Anu__Dave)
OP Crypto, a venture capital firm that invests in early-stage blockchain projects, launched a new ‘fund of funds.’OP Crypto, a venture capital firm, said on Thursday that it has launched a new fund to invest in fund managers focused on early-stage crypto investments.
“We offer a fairly downside protected safe haven vehicle with a very diversified portfolio base," they added."Especially for investors that are not as crypto native, this is the ideal vehicle to gain diversified exposure with a single check where LPs can also double down on investments that fit their thesis via co-investment opportunities from managers within the FOF vehicle.”
“From our venture vehicle perspective, we take a very disciplined approach to investing, having only invested 20% in the past year, and looking to double down when there is a market downturn at reasonable valuations,” said He and Gan.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
North Korea Is Likely Culprit Behind $100 Million Crypto Heist, Researchers SayThere are “strong indications” that North Korea-run hacking group Lazarus orchestrated the attack, according to blockchain analytics firm Elliptic.
Baca lebih lajut »
Bloomberg Crypto: Crypto Money Goes to Washington on Apple PodcastsCrypto is joining the US political money game to woo candidates and gain influence. 🎙️ allyversprille explains the industry's significant financial force in the latest Bloomberg Crypto podcast with s_m_i Apple ▶️ Spotify ▶️
Baca lebih lajut »
Crypto Is Not Replacing the U.S. Dollar, Bitfury CEO Brian Brooks SaysCrypto assets that have prices should be viewed more like internet stocks than currency, said Brian Brooks, the former U.S. Acting Comptroller of the Currency.
Baca lebih lajut »
How crypto is attracting some institutional investors — Huobi Global sales headHas the market downturn turned off institutional investors? Not according to James Hume of Huobi Global, who estimates that 20-30 firms with more than $1 billion could start trading within the year.
Baca lebih lajut »
Crypto Platform Unizen to Expand its Operations After Raising $200 MillionUnizen will distribute the funds towards improving its trade aggregation ecosystem and expanding its team.
Baca lebih lajut »
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations – Bitcoin NewsA Twitter account has accused the co-founders of cryptocurrency lender Nexo of misappropriating funds from a charity platform.
Baca lebih lajut »