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Funds
Crypto Exchange Binance Allocates Another $1B for Its Customer Support Fund
The exchange also said prominent crypto companies including Aptos Labs and Jump Crypto joined its industry restructuring initiative.

Crypto Exchange Bybit Announces $100M Fund to Support Institutional Clients
The exchange will offer as much as $10 million to institutional clients and market makers.

Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg
The Binance fund will be open to contributions from other industry players.

Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund
The fund was shuttered on Aug. 31 with around $20 million in assets under management, the CEO confirmed.

Collapsed Australian Crypto Exchange ACX Allegedly Used Customer Funds to Run Business
The accusation was made by the company's liquidators in court.

New Bitcoin-Focused VC Firm Ego Death Capital Raising $30M
The fund had raised over $11 million of its target as of mid-September.

Australian Regulator Suspends Holon's Crypto Funds Managed by Gemini
All three funds are managed by the crypto exchange Gemini.

Stablecoin Issuer MakerDAO to Invest $500M in US Treasurys, Corporate Bonds
The move is a way for Maker to diversify its balance sheet and make the backing of its stablecoin more stable.

Investment Manager Hamilton Lane to Tokenize 3 Funds Through Securitize
The move will make private market investments available to more people.

Valkyrie Funds to Offer Crypto SMAs, Challenging Ark and Franklin Templeton
The crypto-native investment manager will offer actively managed strategies that delve into bitcoin, ether and more.
