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Tag: general partners

GPs believe consumer discretionary sector has highest potential for PE deals, support for IT drops 10%

The consumer discretionary sector has become the most favoured sector in private equity investing while IT has lost itsSorry, you need to subscribe to...

BlackRock, Yes, BlackRock, Is Eyeing Crypto Support

February 10, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Authorities in Russia are reportedly set to recognize crypto as[...]

The post BlackRock, Yes, BlackRock, Is Eyeing Crypto Support appeared first on Unchained Podcast.

Feds Seize $3.6 Billion in BTC Connected to Bitfinex Hack

February 9, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Evaluating crypto-asset risks this year is a priority for the[...]

The post Feds Seize $3.6 Billion in BTC Connected to Bitfinex Hack appeared first on Unchained Podcast.

This Big 4 Firm Added BTC and ETH to Its Balance Sheet

February 8, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Developers behind Aave announced the launch of Lens Protocol, a[...]

The post This Big 4 Firm Added BTC and ETH to Its Balance Sheet appeared first on Unchained Podcast.

Will Every Piece of Media Enter the Internet as an NFT? Variant Fund Says Yes

Variant Fund is a venture capital firm that describes itself as “a first-check crypto fund investing in the ownership economy.” Jesse Walden and Li Jin, co-founders and general partners at[...]

The post Will Every Piece of Media Enter the Internet as an NFT? Variant Fund Says Yes appeared first on Unchained Podcast.

Wall Street Crypto Firm Valkyrie Is Holding a $700M Protocol Treasury

wall-street-crypto-firm-valkyrie-is-holding-a-$700m-protocol-treasury

Valkyrie Investments will oversee NEM and Symbol protocol’s $700 million token treasury in a tie-up between modern-day asset managers and the digital realm. The multi-sig setup, which was formalized on Jan. 25, according to on-chain data, is an early instance of collaboration between two disparate corners of crypto. Valkyrie is a Wall Street-facing outfit known…

The post Wall Street Crypto Firm Valkyrie Is Holding a $700M Protocol Treasury appeared first on Bitcoin News Miner.

Tom Brady’s Autograph NFT Platform Raises $170M From Andreessen, Others

With celebrities like Brady, The Weeknd, and Simone Biles attached, Autograph raises sizable funding and expands its advisory board.

Crypto.com Adds Jon Russell As Asian Based General Partner

The Singapore-based company, Crypto.com, has hired the former TechChurch and The Ken reporter, Jon Russell as their Asian-based general partner. And with this new development, they hope to expand Fund further. Crypto.com’s $200 million Web 3 fund came into existence in March 2012. As of Monday, intending to expand via the venture arm of investing in Series A stages, project at seed and crypto startups, has grown expectedly. Russell, during an interview, made known that the fund is believed to rise to double its current size and will be announced in a few days. Crypto.com is still hiring GP’s, but with the help of Russell, the fund’s acknowledgment will extend to that Asia-based project. Though Bobby Bao, Crypto.com co-founder, currently runs the fund. Things To Know About Jon Russell Jon Russell is a Uk citizen based in Bangkok. He has lived in Thailand since 2008. In 2014 Jon Russell became a reporter for TechChurch focused on all tech-related issues in Asia. Especially all the major names in India, China, and Southeast Asia. Related article | Sports NFT Marketplace Lympo Suffers An $18.7 Million Hack With this, he changed the daily life of people across Asia. And his knowledge and influence in the tech and crypto field are precisely one of the reasons Crypto.com has hired him as one of their General partners in Asia. Crypto.com Expansion in Asia The Capital prior investment of Crypto.com comprises liquidity provider Woo Network and the first fractional-algorithmic stablecoin protocol Frax Finance. VCs to allocate stock to the ecosystem regardless of the bear market. This leaves Sino Global Capital opening to outside investors through a $200 million fund and FTX ascertaining a $2 billion investment. On June 17, 2021, Crypto.com was integrated into the biggest and most effective digital asset transfer network for institutions, Fireblocks Network. And this helper, Crypto.com, reaches about 400+ institutional participants in their network, thereby helping them grow trading volume and global level. In addition, one of the largest banks in the Singapore region, DBS Bank, is now operating a crypto trading desk. And recently, a majority stake in Thai cryptocurrency exchange Bitkub was amassed by Siam Commercial Bank (SCB), Thailand’s bank. Innovation Officer Mukaya Tai and SCB 10x Chief Venture have proclaimed that she foresees world DeFi protocols have interposed banks. Huge institutional yearning for digital assets is quickly growing in Asia. Related article | Largest DeFi Hack Yet? BadgerDAO Hack Results In Loss Of $120M+ Crypto has earned about 2 million transactions and USD 1 billion in TVL and spotlighting projects like VVS Finance and a couple of others. Moreover, Crypto.com motivated developers to build on Cronos via the Cronos Bounty Programme. It will grant USD 1,337,133.7 as the biggest reward and a Hackathon. Featured Image From Twitter

Diversifying startups and VC power corridors

Jennifer Fan Contributor Jennifer Fan is an assistant professor of law and director of the Entrepreneurial Law...

Blackstone to acquire minority stake in fellow PE house GTCR through specialist GP stakes business

Global buyout giant Blackstone has agreed to tap its specialist GP stakes fund to acquire a minority stake in fellow private equity house...

MAGIC Fund raises $30M to scale its global founders-backing-founders fund

Influential entrepreneurs like Paul Graham and Naval Ravikant always preach the need for startups to have founders-turned-investors on their cap table. As Ravikant...

How VCs can get the most out of co-investing alongside LPs

William Kilmer Contributor William Kilmer is managing partner with C5 Capital, a venture capital fund investing in...

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