Institutional Investors and Whales

ForkLog 8 25.03.2021

Goldman Sachs to issue notes tied to a bitcoin-trust ETF

The major investment bank Goldman Sachs has filed to issue notes whose payments depend on the performance of the ARK Innovation ETF. The ARK Innovation ETF, actively managed by ARK Investment Management, includes, among its holdings, shares of the trust that owns bitcoin.

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ForkLog 6 24.03.2021

Fidelity: Asset managers still struggle to understand cryptocurrency

The rising demand from large investors for cryptocurrencies creates an incentive for wealth managers and financial advisers to study the developing asset class. Fidelity Institutional Asset Management chief Michael Durbin said in an interview with Reuters.

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ForkLog 17 18.03.2021

Paradigm- and Galaxy Digital-backed custodian Fireblocks raises $133 million

The institutional-investor-focused blockchain startup Fireblocks closed its Series C financing round at $133 million.

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ForkLog 70 17.03.2021

Grayscale launches five new cryptocurrency trusts

Grayscale Investments announced the launch of five investment products. The total number of cryptocurrency trusts under the company's management rose to fourteen.

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ForkLog 10 16.03.2021

Analyst Identifies BlockFi as the Initiator of the 18,000 BTC Transfer to Gemini Wallets

Leading Coin Metrics researcher Antoine Le Calvez has determined that the transfer of 18,000 BTC (~$1 billion) to Gemini wallets was carried out by a client of Gemini Custody — BlockFi.

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ForkLog 10 12.03.2021

Survey finds 85% of institutional Bitcoin holders plan to boost crypto investments

A survey by the Nickel Digital crypto fund showed that 40% of institutional investors and asset managers who hold cryptocurrencies bought Bitcoin to hedge against inflation. Decrypt reports.

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ForkLog 20 11.03.2021

BlackRock: Gold’s inflation-hedge status overstated

Gold does not justify the status of an inflation-hedging asset. This is stated in the analytical note by BlackRock's Global Allocation Fund portfolio manager Rassa Kesterikha, cited by Bloomberg.

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ForkLog 35 09.03.2021

Coinbase valued at $90 billion ahead of Nasdaq listing

The market capitalization of Coinbase on Nasdaq Private Market ahead of the main market listing stood at $90 billion, Bloomberg reports.

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ForkLog 8 09.03.2021

Opinion: Bitcoin could replace bonds in investment portfolios

In the future, Bitcoin will resemble low-risk instruments such as bonds and enter the recommended investor portfolio. This was stated on CNBC by Cathy Wood, head of ARK Investment Management.

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ForkLog 16 09.03.2021

Billionaire Alan Howard backs custodian Komainu in $25 million Series A round

The custodial service Komainu has raised $25 million in a Series A funding round. It was led by billionaire Alan Howard, with participation from Galaxy Digital, NOIA Capital and Nomura Research Institute.

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ForkLog 10 08.03.2021

PayPal confirms plans to acquire cryptocurrency custodian Curv

The payments giant PayPal confirmed plans to acquire Curv, a provider of infrastructure for storing cryptocurrencies. The information appeared in the company's press release.

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ForkLog 10 07.03.2021

JPMorgan Sees Demand for Bitcoin from Institutional Investors

Joyce Chan, head of research at JPMorgan, told CNBC that the bank had for the first time seen demand for Bitcoin from institutional investors.

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#Institutional Investors and Whales