SEC approves 9 more WisdomTree 'blockchain-enabled' funds

After announcing the approval of nine new digital funds, WisdomTree reiterated that it wants to further integrate blockchain tech to improve the investor experience.

View Details

Pantera eyes $1.25 billion for second Blockchain Fund: Report

Pantera Capital, a blockchain-focused institutional asset manager, is reportedly looking to raise funds for a second blockchain fund.

A report by Bloomberg on Wednesday states that the hedge fund’s founder Dan Morehead had revealed plans for a $1.25 billion raise. The blockchain news come amid a growing interest in crypto across Wall Street, with one of the latest moves in the space being what we reported of players such as Fidelity Investments, Citadel Securities and Charles Schwab,

It’s a scenario that has Pantera Capital, among other players, looking to leverage the increased appetite for crypto from within the institutional investor space to put together a fund that will not just spur further innovation but also underpin the next adoption cycle. 

Morehead noted:

“We want to provide liquidity for people that are kind of giving up because we’re still very bullish for the next 10 or 20 years.” 

The crypto-focused asset manager’s second fund should close by May next year, Morehead said on the sidelines of the Token2049 conference in Singapore.

The Pantera founder was the keynote speaker at the event, which reportedly attracted the participation of 13 companies on the venture firm’s portfolio.

I had the pleasure of being the opening keynote speaker at @token2049 Singapore.

Such an incredible pool of talent here — home to thirteen @PanteraCapital portfolio companies. pic.twitter.com/YLjAIp3DOl

Pantera Capital was founded in 2003, and launched Pantera Bitcoin Fund, the first bitcoin fund in the US in 2013. The firm’s Venture Fund I, also launched in 2013, was the first blockchain-only fund in the market.

In June 2021, the firm announced Pantera Blockchain Fund – a new fund targeted for the entire scope of the blockchain space (covering all assets.) 

According to details on its website, Pantera notes Blockchain Fund targeted at $600 million and is a venture-style fund with a $1 million minimum investment for all markets, including venture equity, liquid tokens and early-stage tokens. Since 2013, Pantera has led nearly half of 210 investments made.

The post Pantera eyes $1.25 billion for second Blockchain Fund: Report appeared first on Invezz.

View Details

World’s Largest Asset Manager, BlackRock, Launches ETF Offering a ‘Gradual Entry Point’ into Blockchain

Blackrock, the world's largest asset manager, has announced the launch of its new iShares Blockchain and Tech ETF.

Continue reading World’s Largest Asset Manager, BlackRock, Launches ETF Offering a ‘Gradual Entry Point’ into Blockchain at DailyCoin.com.

View Details

Cypher Capital Releases $100M Blockchain Fund

The $100 million fund will target DeFi, GameFi, and metaverse projects.

Continue reading Cypher Capital Releases $100M Blockchain Fund  at DailyCoin.com.

View Details

Sei Network Launches Gitcoin Funding Round to Boost Ecosystem Development

Sei Network collaborates with Gitcoin to launch a $750K funding round aimed at supporting impactful projects within its ecosystem. The initiative features two tracks to incentivize consumer-facing and infrastructure innovations. (Read More)

View Details

Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund

The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support blockchain startups on the continent. While global blockchain funding has been on a decline over the past year, Echovc founder Eghosa Omoigui claimed that investing now enables the VC to get in “at lower entry valuations on average than in [...]

The post Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund appeared first on Crypto Breaking News.

View Details

Avaras Lens secures $31M for SocialFi-focused L2 blockchain

Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.

View Details

Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study

Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0 in Africa report. Africa’s Share of Global Blockchain Funding Still Under 1% According to

The post Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study appeared first on BTC Ethereum Crypto Currency Blog.

View Details