463 Views
0 CommentsA significant share of institutional investors is expecting a major correction in the crypto market in 2022, a survey published by Natixis Investment Managers said. Despite this, institutional investors are increasingly warming up to crypto-assets. Natixis Investment Managers published the results of a global institutional investor survey. The company polled 500 institutional investors who collectively…
530 ViewsJapan’s SoftBank is investing 10% of the company’s $5 billion funds in crypto-related assets, a strategy that the bank’s managing director supports even if some tokens are overvalued. According to the managing director of SoftBank’s Latin America Fund, Paulo Passoni, the most attractive place to invest in Latin America is cryptocurrencies, Bloomberg reported. “Of course,…
537 ViewsCrowdfunding platform Kickstarter has announced the development of a “decentralized protocol,” which, in technical speak, means the company is moving its operations to blockchain technology. The crowdfunding site will make use of the Celo blockchain for this purpose. In a blog post by CEO Aziz Hasan and co-founder Perry Chen on Thursday, the crowdfunding platform…
498 ViewsHAYVN, a digital currency trading platform based in Abu Dhabi, UAE, has closed a Series A funding round, which will help the institution become the largest global institutional digital currencies platform. Abu Dhabi-based digital currency trading platform HAYVN has closed a Series A funding round. This round of funding, the amount of which was not…
556 ViewsDubai-based crypto rating platform Evai.io announced that its EvaiStableFund saw $1 million worth in tokens staked into the new fund within 24 hours of going live. Launched on November 22, the new EvaiStableFund, gives investors the opportunity to yield a fixed 15% APY with an additional 10% per annum bonus. In addition, the fund does…
549 ViewsMorgan Stanley continues to increase its exposure to Bitcoin and has bought a considerable amount of GBTC shares for totals of about $303 million. However, the $36 billion trust feels the push from cheaper ETFs. The FT found GBTC trades at a 15% discount on the value of its underlying assets. Banking giant Morgan Stanley…
