Numerai secures $500M from JPMorgan to scale its AI-driven hedge fund
Key Takeaways Numerai, a San Francisco–based AI-focused quant fund, has secured a commitment of up to $500 million from JPMorgan
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Fund
Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain Growth
Coinbase is igniting a fresh DeFi liquidity surge with a powerful new stablecoin fund, targeting top protocols to fuel adoption,
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Norway’s sovereign wealth fund boosts Bitcoin exposure by 192% in Q2
Key Takeaways Norway’s sovereign wealth fund increased its indirect Bitcoin holdings by 192% in Q2. The fund gains Bitcoin exposure
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Alt5 Sigma Raises $1.5B to Fund WLFI Treasury Strategy
The transaction will also see the President’s son Eric Trump join Alt5 as one of the directors on its board.
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Michigan state pension fund triples Bitcoin ETF investment in Q2
Key Takeaways The Michigan retirement fund tripled its ARK Bitcoin ETF holdings to 300,000 shares in Q2. This move shows
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Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion
A $75 million offering fuels a major leap into bitcoin and digital assets as Bakkt sharpens its focus on treasury
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Grayscale launches decentralized AI fund including TAO, NEAR, and Render
Key Takeaways Grayscale has launched a new Decentralized AI Fund targeting accredited investors. The fund provides exposure to five digital
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$1.6 trillion Franklin Templeton taps VeChain to expand distribution of its tokenized treasury fund
Key Takeaways Franklin Templeton is partnering with VeChain to expand access to its tokenized treasury fund via BENJI. The collaboration
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BNY Mellon and Goldman Sachs Target $7T Fund Market With Digital Asset Tokenization
Financial giants BNY Mellon and Goldman Sachs are driving a breakthrough in institutional finance, using blockchain to tokenize money market
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Joe McCann shuts down fund after 78% loss while pursuing $1B Solana raise
Key Takeaways Asymmetric’s Liquid Alpha Fund is closing after falling 78% year-to-date, with LPs given the choice to exit or
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