Jump Trading Invests in Decentralized Exchange Serum, Signs On as Market Maker
Secretive market maker Jump Trading has made an undisclosed investment into decentralized exchange Serum, which only launched last week.
Grayscale Investments bought $300 million more in cryptocurrencies over the last 24 hours.
Pantera Capital’s venture capital returns, which have fallen by almost threefold, are beating startup investors but lagging the stock market.
"I guess if you are under 40, bitcoin is your new gold," Warsh said.
Investments in decentralized finance (DeFi) drove returns exceeding 100% this year to Pantera Capital’s bitcoin index and altcoin hedge funds.
The investment deal will also see Blockpass' anti-money laundering product integrated into BnkToTheFuture's ecosystem.