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Parafi Capital Secures $120 Million for Investing in Crypto Funds

The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or…

Continue ReadingParafi Capital Secures $120 Million for Investing in Crypto Funds

ARK’s amended spot Bitcoin ETF filing is a ‘good sign’ of future approval

ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg's ETF analysts.

Continue ReadingARK’s amended spot Bitcoin ETF filing is a ‘good sign’ of future approval

Report: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós

According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven…

Continue ReadingReport: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós

$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M

“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse.

Continue Reading$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M