Tag: fund

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Crypto VC Paradigm launches $1.2 billion AI fund as it broadens beyond digital assets

Paradigm has raised $1.2 billion for a new venture fund focused on artificial intelligence and robotics, according to a blog post Wednesday.The firm's third...

JPMorgan’s JLTXX Tokenized Money Market Fund AUM Grows 250% in a Month on Ethereum

JPMorgan's JLTXX tokenized money market fund has grown its onchain assets under management by roughly 250% over the past month, according to data platform...

Lighter to Burn Repurchased LIT, Fund Staking from Ecosystem Reserve

The perpetuals exchange will start burning the LIT it buys with revenue and tap its token reserve to keep staking yields flowing.Lighter, one of...

New York Life’s $800B asset manager makes tokenization debut with Centrifuge fund

The launch adds another blue-chip asset manager to Wall Street's tokenization push. Firms including BlackRock, Franklin Templeton, Apollo and Janus Henderson have embraced onchain...

Tokenization is becoming the financing layer for AI and robotics, Framework bets with $400 million fund

Traditional securitization markets struggle to package individual servers or computing equipment into investable products, Anderson said. Stablecoins — with more than $300 billion circulating...

Invesco Files for Tokenized Stablecoin-Reserve Money Market Fund Built on Superstate Rails

US asset manager files for a GENIUS Act reserve money market fund whose shares are recorded directly on public blockchains, with Superstate as sub-transfer...

Invesco, $2.5T asset manager, files for tokenized fund targeting stablecoin reserves

Invesco's move is another sign of asset managers increasingly chasing a new business opportunity created by stablecoins. These cryptocurrencies are designed to maintain a...

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

Baillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant...

Ethereum could fund soon projects with up to 10% of staking rewards

Validators are entities that keep Ethereum running by locking up ether (ETH), checking transactions and earning staking rewards for doing so. Funding, in this...

State Street targets stablecoin reserve boom with new money market fund

Wall Street's largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars...

BlackRock launches bitcoin income fund as investors seek cash flow from crypto

The new fund offering comes as bitcoin struggles to break out of a bear market, trading around $67,000, down about 23% year to date....

UK Proposes Limited Retail Fund Exposure to Crypto

The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing...