Czech Investment Bank Raising $100 Million for Blockchain Fund
Prague-based Benson Oak has announced it is raising $100 million to launch an investment fund with a focus on blockchain startups in Israel.
Digital asset investment products closed on Friday with a record $55.8 billion assets under management.
A flurry of crypto investment funds were announced, as NYDIG predicts it will see $25 billion in bitcoin under management by year's end.
Two of the funds are from Galaxy Digital and the other is joint effort from FS Investments and NYDIG, according to CNBC.
Backed by some of crypto's most high-profile LPs, the Nick Tomaino-led 1confirmation is announcing a new $45 million venture fund.
Li Xiaolai, a Chinese crypto investor, has resigned from a $1 billion blockchain fund following an online spat that led to a defamation lawsuit.