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 $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.
A shakeout is coming in crypto venture capital and entrepreneurs should react with a new plan, says our columnist.
Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.
Thesis has closed a $7.7 million deal by selling its KEEP tokens to some of crypto’s top investors. Its TBTC project could get more bitcoin into DeFi.