Investments

eToro Launches Crypto Portfolio Weighted by Twitter Mentions

| Danny Nelson

With an AI system trawling 850,000,000 tweets a day, the eToro product calibrates an optimal coin portfolio based on Crypto Twitter sentiment.

Daily Liquidity Comes to Crypto Fund With Lukka Accounting Tool

| David Pan

Crypto accounting firm Lukka has partnered with fund administrator Theorem to provide same-day net asset value reporting capabilities.

gold, nugget

‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators

| Leigh Cuen

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

graph, data, funds

Fidelity Digital Assets to Provide Custody for Bitcoin Derivatives Yield Fund

| David Pan

The Los Angeles-based Wave Financial has launched what it touts as the first crypto-derivatives-based yield fund on the market.

Ripple’s Xpring Looks to Build XRP DeFi Products With New Acquisition

| Nathan DiCamillo

Nine Logos engineers are joining Xpring to develop DeFi products based on XRP.

overstock, ecommerce

Overstock’s Venture Arm Invests $2 Million in Blockchain ID Firm

| William Foxley

Overstock's Medici Ventures has invested in blockchain ID firm Evernym in a $2 million seed round for potential equity.

Kleiner Perkins Backs $2 Million Seed Round for Crypto Derivative Data Firm

| Nathan DiCamillo

Crypto data analytics startup Skew has raised $2 million in seed funding from several VC firms including Silicon Valley icon Kleiner Perkins.

bitcoin, clock

Bakkt’s Slow Start Doesn’t Mean Bitcoin Futures Have Flopped

| Galen Moore

The tepid reception to Bakkt's physically delivered futures contracts is not a surprise, nor does it mean they are a failure.

Token Tech firm Securitize Raises $14 Million from Santander, MUFG

| Daniel Palmer

The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.

Flipside Crypto Raises $7.1 Million to Give Tokens Better Analytics

| Leigh Cuen

This firm taps blockchain analytics across hundreds of projects to reveal what really makes prices go up.