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Tag: fund

Accredited Investors now Able to Hold Bitcoin in Registered Accounts in Canada

Category: Bitcoin, Business, Finance, Investment, News

Accredited Investors now Able to Hold Bitcoin in Registered Accounts in Canada

Canada’s first and only regulated bitcoin fund has now achieved mutual fund trust status enabling high-net-worth investors to hold bitcoin investments in their registered accounts. The fund includes registered retirement savings plans and tax-free savings accounts, First Block Capital announced in a September 10, 2018, press release. Canada Could Become World Leader in Regulated Crypto Investments First Block Capital, Canada’s…

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Messaging App Line Announces a $10 million Cryptocurrency Fund

Category: Altcoins, Business, Development, Finance, Investment, News

Messaging App Line Announces a $10 million Cryptocurrency Fund

Chinese messaging app Line recently announced on August 15, 2018, the launch of a $10 million investment fund dedicated to cryptocurrency startups. Line’s South Korean-based subsidiary Unblock Corporation will operate the fund, and it will be known as Unblock Ventures. While Unblock Ventures will have an initial capital pool of $10 million, the messaging app believes the overall amount will…

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THEKEY Launches $20 Million Research Fund as it Enters Blockchain Partnership with Chinese Government

Category: Adoption, Altcoins, Business, Finance, News, Tech

THEKEY Launches $20 Million Research Fund as it Enters Blockchain Partnership with Chinese Government

Chinese blockchain identity verification startup THEKEY has announced that it has entered into a partnership with the Chinese government to develop social insurance blockchain applications. On Medium, CEO and Chairwoman Catherine Li also revealed that the company is launching a $20 million research fund to support the development and application of blockchain technologies in social insurance services. Chinese Blockchain Ambitions…

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Chinese Blockchain News Platform Mars Finance Raises $51 Million in Funding Round

Category: Blockchain, Business, Finance, News

Chinese Blockchain News Platform Mars Finance Raises $51 Million in Funding Round

On  June 8, 2018, Chinese blockchain news platform Mars Finance announced it raised $51 million in a funding round led by Ceyuan Ventures and Huobi Global Ecosystem Fund. Phenomenal Growth of Mars Finance In his speech at the World Blockchain Conference in Singapore on June 8, 2018, Mars Finance founder Wang Feng revealed the funding round has a post-money valuation of…

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Fundchain Explores the Blockchain For Luxembourg’s Fund Industry

Category: Business, News, Tech

Fundchain Explores the Blockchain For Luxembourg’s Fund Industry

Luxembourg is a country that is often overlooked by financial experts. But things are evolving at an accelerated pace behind the scenes. The new FundChain initiative will investigate the potential of distributed ledger technology for the Luxembourg fund industry. A total of 10 key players come together to form this innovative group, headed by Scorechain.   More Potential Use Cases…

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DLT10 Index to Simplify and Broaden ‘Crypto Investing’

Category: Altcoins, Bitcoin, Ethereum, Finance, News

DLT10 Index to Simplify and Broaden ‘Crypto Investing’

The upcoming DLT10 Index will make investing in cryptocurrencies feel more familiar and more akin to traditional asset classes. By tracking the top ten public blockchains the cryptocurrency financial index, announced by DLT Financial Group and London-based fintech company Tramonex, will provide informational value and exposure to some of the largest cryptocurrencies. While many bitcoin-based financial instruments have emerged, ranging…

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