Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing again in Bitcoin and Ethereum, signaling Silicon Valley’s renewed focus on the cryptocurrency market.
JinseFinanceLD Capital announced the Solana Ecological Fund, which focuses on investing in Solana ecological projects. It aims to deeply participate in the development of the Solana ecosystem, support innovative projects and teams, and promote wider blockchain applications and adoption.
JinseFinance
Coinlive Ark Invest has raised $16.3 million for a crypto fund split across versions in the U.S. and the Cayman Islands. Filings were released days after Ark added roughly $30 million in Coinbase shares to its funds over the last month, and roughly $13.7 million in Block shares in the last week.
TheBlockThe fund will track the performance of the Crypto Market Index 10, a product managed by SIX Swiss Exchange.
CointelegraphCapital flowed into BTC funds for the seventh consecutive week, while ETH products recorded the largest gains in 13 weeks.
CointelegraphFigures from CoinShares show weekly inflows of $193 million, more than half of which went to Bitcoin. Solana also gained attention, breaking records in the process.
CointelegraphOnce known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.
CointelegraphCrypto asset management firm Grayscale added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund, following its first quarterly rebalance.
CointelegraphCEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes.
Cointelegraph