Funds


Finance

Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR

The company unveiled similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.

Grayscale ad in NYC (Nikhilesh De/CoinDesk)

Opinion

The Mortgage Industry Meets Digital Asset Capital Markets

Tokenized private funds primed for adoption as the industry has seen with short-term liquidity products, says Peter Gaffney, vice president, business development & strategy at Blue Water Financial Technologies Services LLC.

(Andreas Rasmussen/Unsplash)

Finance

Grayscale Introduces Crypto Funds for Decentralized AI Project Bittensor's TAO and Layer-1 Network Sui's Token

The firm recently launched a decentralized artificial intelligence-focused crypto fund and uplisted its closed-end Ethereum Trust to an ETF last month.

Grayscale ad (Grayscale)

Finance

Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators

Aimed at institutional investors, the fund will seek to profit off uptrends in crypto markets while sidestepping the drawdowns.

(Gabor Koszegi/Unsplash)

Policy

Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere

The platform has previously launched NFT collections for celebrities such as DJ Steve Aoki and actor Val Kilmer.

Shubham's Web3

Finance

Galaxy Plans to Raise $100M for Crypto Venture Fund

Galaxy's prolific venture wing plans to start accepting – and investing – outside capital.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Finance

Early Ethereum Backers Cyber.Fund to Invest $100M in 'Cybernetic Economy'

Cyber.Fund, which also backed Cosmos, Solana and Polkadot, is focused growing the "cybernetic economy," in which blockchain is the bedrock

Funding (Gerd Altmann/Pixabay)

Markets

Binance Processes Nearly $1B in Net Outflows as Changpeng ‘CZ’ Zhao Resigns

Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.

Binance's CZ (Twitter/Modified by CoinDesk)

Web3

CMCC Global Raises $100M for Hong Kong-Based Blockchain Companies

The lead investor in the fund was B1, which committed $50 million, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu.

CMCC Global Managing Partners Shiau Sin Yen, Martin Baumann and Charlie Morris (CMCC Global)

Tech

Millions in Ether Tied to FTX 'Hacker' on The Move

FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)