The recent market data analysis by some quarters notes a declining investor interest in Bitcoin, fueling speculation that it’s ceding ground to emerging low-cap utility altcoins. Avorak Trade, through its advanced algorithms, affirms a waning Bitcoin interest. The explosion in new meme coins such as PEPE has also brought into question whether Bitcoin’s status as …
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Banks like Citi adopt blockchain and tokenization in private markets
In collaboration with Wellington and WisdomTree, Citigroup Inc. conducted a simulation regarding the tokenization of private funds in blockchain wagering. This endeavor was designed to demonstrate how a blockchain network can tokenize a private equity fund. Wall Street may embrace distributed ledger technology on a broader scale if the A/B testing proves fruitful. Chainlink, a …
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Crypto VC Fund Raises $75M From Marc Andreessen, Galaxy Digital Invest
Venture capitalist Marc Andreessen, along with Accolade Partners and Galaxy Digital, has infused a substantial $75 million into the latest funding round of 1kx, a leading crypto venture capital firm renowned for its early-stage investments in crypto infrastructure, consumer applications, and middleware. This significant investment catapults 1kx’s total capital raised to $200 million since the The post Crypto VC Fund Raises $75M From Marc Andreessen, Galaxy Digital Invest appeared first on CoinGape .
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