Galaxy to launch $100M hedge fund to bet on rising, falling crypto prices
In recent developments, galaxy plans to deploy a new hedge fund strategy that targets both crypto tokens and traditional financial stocks as the “up-only” phase fades. Looking closer, market participants…
AI hedge fund Numerai wins backing from top university endowments, token soars
In recent developments, numerai’s NMR token jumped over 40% after it announced a new funding round led by major university endowments, pushing the hedge fund to a $500M valuation. Looking…
Majority of traditional hedge funds now exposed to crypto assets: Survey
In recent developments, aIMA says 55% of traditional hedge funds now hold crypto, with most planning to increase exposure as US regulation boosts confidence. Looking closer, market participants highlight key…
