Browsing the "Hedge Funds" Tag

Numerai to Cut Token Supply by 10 Million to Become ‘Decentralized as F*ck’

| Brady Dale

Numerai, a next-gen hedge fund, plans to decentralize its platform by destroying the keys to the smart contract controlling its token supply.

Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

| Nikhilesh De

U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.

Hedge Fund Billionaire Steven Cohen Is Getting into Crypto

| Muyao Shen

Billionaire Steven Cohen, once dubbed the "Hedge Fund King," has reportedly invested in a crypto hedge fund.

bears, toys

Bank of America Is Closing My Three-Year-Old’s Account Over Crypto

| Tim Enneking

My daughter is 3 years old. Bank of America is closing her account because of her “risk profile” and a highly indirect “connection” to…

Report: 9 Cryptocurrency Hedge Funds Have Closed in 2018

| Nikhilesh De

Bloomberg reported Monday that nine cryptocurrency hedge funds have shut down in the first quarter of 2018.

Sina Nader

Wall Street Vets Raise $50 Million for Crypto Fund of Funds

| Michael del Castillo

Sia Nader's Cryptolux, a cryptocurrency fund-of-funds, aims to take advantage of lessons he drew in the 2008 crash – including the value of…

Buying Bitcoin? Hedge Funds Will Use Blockchain, Too

| Mona El Isa

The future of tokenized monies calls for a tokenized investment fund. The road there is being paved, but it's not so cut and dry.

Morgan Stanley: Hedge Funds Poured $2 Billion into Cryptos in 2017

| Wolfie Zhao

Banking giant Morgan Stanley has estimated that hedge funds invested $2 billion in cryptocurrencies this year.

lightbulb

7 Tokens Investors Are Talking About

| Brady Dale

With so many tokens on the market, CoinDesk speaks to Boost VC, Compound VC and Pantera Capital to find out which they consider worth investing in.

bubbles, water

Tokenized Fund-of-Funds to Raise $100 Million Via ICO

| Brady Dale

A new tokenized fund-of-funds was announced yesterday that aims to raise up to $100 million via an initial coin offering.