Investment firm Venrock (derived from “Venture” and “Rockefeller”), which focuses on investments in startups and early stage companies from IT sector, is entering the cryptocurrency market. … [Read more...] about Rockefeller family’s venture capital firm to invest in cryptocurrencies
Soros Fund Management is planning to invest in cryptocurrencies
Bloomberg reports that Soros Fund Management, a privately owned family office with nearly $26 billion in assets under management, is planning to invest in cryptocurrencies. Currently the firm puts money into public equity and fixed income markets across the globe, and also manages private equity and venture capital funds. … [Read more...] about Soros Fund Management is planning to invest in cryptocurrencies
French asset management company TOBAM launches bitcoin mutual fund
A small Paris-based asset management firm TOBAM (~ $9 billion of assets under management) announced on 22 November, 2017 that it had launched a bitcoin mutual fund, the first of its kind in Europe. The fund has been approved by France's financial regulator, the Autorite des Marches Financiers (AMF), and is classified as an alternative investment fund. … [Read more...] about French asset management company TOBAM launches bitcoin mutual fund
Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
Mike Novogratz, the former hedge fund manager at Fortress Investment Group, believes that institutional investors will adopt bitcoin in about six to eight months. … [Read more...] about Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
124 hedge funds are now focused on bitcoin and digital currencies
Autonomous Next, London-based fintech company, has released a research stating that the total number of crypto-funds reached 124 at the end of October 2017. … [Read more...] about 124 hedge funds are now focused on bitcoin and digital currencies