The round, joined by Alameda Research, Coinbase Ventures and others, looks to put MobileCoin in more messaging apps.
BlockTower Capital, Andreessen Horowitz (a16z) and Alameda Research led the round by purchasing TRU, TrueFi’s native token.
The decentralized stablecoin project is rapidly gaining momentum.
BlockTower CEO Matt Goetz said the deal will help attract institutional investment – even in a bear market.
The fund will facilitate investment in a wider range of longer term, more illiquid assets, Axios reported March 4.
Blockchain infrastructure provider Bison Trails has hired BlockTower Capital’s former compliance director to be its first general counsel.
BlockTower Capital investors have seen 73% returns over the hedge fund's lifetime.
When coronavirus shutdowns roiled financial markets, BlockTower Capital more than doubled its cryptocurrency hedge fund's previously so-so returns.
Can flat abs gurus and mommy bloggers sell the masses on using crypto? Inside the stealth startup that's raising big to do just that.
A video-on-demand service that shares ad revenues with viewers and creators has raised more than half a billion bucks in a private token sale.