Investors in Polychain Capital’s Crypto Hedge Fund Saw 1,332% Gains – If They Stomached the Dips
An investor document obtained by CoinDesk charts the dramatic ups and downs of the first four years of Polychain Capital’s cryptocurrency hedge fund.
The fund has raised $307 million in its four-year history of investing in crypto and SAFTs.
The funding comes at a time when DeFi has seen an explosion in growth.
The decentralized information marketplace, currently in beta, said the investment will help it improve the user experience.
Tezos-based "tokenized hedge fund" StakerDAO is now live after distributing its STKR governance token to funding round partners.
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.