New Galaxy fund targets digital asset markets with risk-adjusted strategies

Galaxy Digital has launched the Galaxy Absolute Return Fund, an actively managed investment vehicle designed to provide exposure to the digital asset ecosystem and adjacent disruptive technologies. The fund aims to generate equity-like returns while avoiding direct investments in crypto tokens. Its multi-asset strategy includes both directional and non-directional positions, investing in publicly traded equities, […]

Vietnam blockchain association hopes draft law will protect digital asset holders

Vietnam’s proposed digital assets legalization framework has the potential to minimize fraud in the country’s crypto space once passed. This is the position of Vietnam Blockchain Association chairman Phan Đức Trung, who revealed in an interview with Vietnam News that the association recently received reports of a $100 million crypto fraud targeting Vietnamese investors. According […]

Whales quietly accumulate a new cross-chain asset with massive potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whales are quietly backing 1Fuel as its presale surges, with analysts predicting a 100x potential in 2024. With the recent prevalence of meme coins this year, there is so much volatility in the market, […]

New licenses for virtual asset platforms

Hong Kong regulators have vowed to issue new licenses for crypto trading platforms in the country after a lengthy review process. According to Chinese media outlet SINA Finance, Executive Director of the Intermediary Department of the Hong Kong Securities and Futures Commission, Ye Zhiheng, stated that new virtual asset licenses will be issued soon. No […]

US asset managers file for TRUMP, DOGE ETFs

Osprey Funds and Rex Shares have submitted filings to the US Securities and Exchange Commission for multiple crypto ETFs, including three focused on memecoins. Source link

Asset manager Fasanara launches tokenized money market fund on Polygon

Fasanara Capital, a London-based investment manager, has launched its tokenized money market fund on Polygon. The asset manager, which boasts over $4 billion in assets under management, announced the new product dubbed “Fasanara MMF Token”, or FAST, was now live on Polygon PoS (ex-MATIC). Fasanara collaborated with Chainlink (LINK), Apex Group, Tokeny and Fireblocks to […]