Today news
About the same in other media
Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner
Reading now: 779
A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups, offering further evidence that smart money investors are pivoting to the emerging world of digital assets.
On Monday, former Citi executive Matt Zhang introduced Hivemind Capital Partners, a $1.5 billion multi-strategy fund designed to bootstrap promising crypto plays and “institutionalize crypto investing.” The fund will prioritize projects focused on building crypto infrastructure, virtual worlds and programmable money, and will also trade digital assets as part of its underlying strategy.
Hivemind’s first technology partner is Algorand, a proof-of-stake protocol that is increasingly focused on
Read more on cointelegraph.comAbout this in other media
Allowing cryptocurrency may erode central bank's control over money supply: Former RBI Guv economictimes.indiatimes.com /2 years ago
New cryptocurrency wave begins with community-first NFTs cointelegraph.com /2 years ago
Former Facebook engineers at Mysten Labs raise $36M for Web3 infrastructure cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
