Asset Management

Neuberger Berman Greenlights Indirect Crypto Investments for Commodities Fund

The $400 billion asset manager is expanding its investments strategy to include bitcoin and ether.

Business  ·  11 August 2021

Babel Finance Bets on Longtime Fintech Hand to Help Navigate Regulatory Landscape

The Hong Kong-based crypto lender says new CFO Edmond Lau will oversee $500 million in assets under management.

News  ·  30 July 2021
Asset Management

Apollo Global Management to Work With Figure on Blockchain Initiatives

Apollo Global Management will collaborate with Figure on blockchain applications across the investment lifecycle.

News  ·  14 July 2021
Funding Rounds

Hedge Fund Giants Druckenmiller, Loeb Back $70M Funding for Crypto Asset Manager Bitwise

The Series B round values the firm at $500 million.

Business  ·  15 June 2021
Acquisitions

Galaxy Digital Continues M&A Streak With Vision Hill Acquisition

Following its $1.2 billion BitGo acquisition, Galaxy is adding a data-focused asset management firm.

Business  ·  24 May 2021
Acquisitions

Coinbase in Talks to Buy Asset Manager Osprey Funds: Sources

The talks are at a high level and informal at this stage, said one of the sources.

Business  ·  20 May 2021
Bitcoin

Huobi Asset Management Raises $50M for Crypto ‘Tracker’ Funds

The four funds will buy bitcoin, ether and equity in crypto or mining firms.

Policy & regulation  ·  22 April 2021
Funding Rounds

UK Asset Manager Baillie Gifford Invests $100M in Blockchain.com

The Edinburgh, Scotland-based company was also an early investor in tech giants Tesla and Google.

News  ·  21 April 2021
SEC

Former SEC Chief Clayton to Chair Investment Giant Apollo

Clayton was named chair after longtime Apollo chief Leon Black unexpectedly called it quits Monday.

News  ·  22 March 2021
Markets

Morgan Stanley Sees Cryptocurrencies on Path to Investable Asset Class

The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.

Markets  ·  17 March 2021
DeFi

DeFi Index Fund Is Bitwise’s Fastest Grower, With $32.5M in 2 Weeks: Hougan

The asset manager's chief investment officer says institutional interest in DeFi tokens is ramping up.

News  ·  3 March 2021
Asset Management

CEO of World’s Largest Asset Manager Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset

The head of the world's largest asset manager has provided a bullish take on the world's first cryptocurrency.

News  ·  2 December 2020
Bitcoin

Crypto Long & Short: Bitcoin Gets Ready for a New Type of Hedge

Traditional 60/40 portfolio allocations to equities and bonds is doing a disservice to savers. It’s time for a new type of hedge.

Markets  ·  8 November 2020
KPMG

‘Big 4’ Auditor KPMG Launches Crypto Asset Management Tools

KPMG has built a suite of tools designed to make it easier to collate and query data from both traditional databases and blockchains, allowing for streamlined cryptoasset management.

Business  ·  23 June 2020
Polychain Capital

Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round

Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.

Business  ·  17 June 2020