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Dutch investment firm Theta Capital closed a $175 million raise to back crypto-specialist VCs through its latest fund-of-funds. Theta Capital Management has pulled in over $175 million for a new fund-of-funds designed to help institutional investors get exposure to early-stage blockchain startups by backing some of the industry’s top crypto venture firms. The new fund, … Read more
Christopher Perkins, president of CoinFund, has issued a disapproval of the Bank for International Settlements’ (BIS) recent paper on crypto. Perkins called its recommendations “completely uninformed and frankly, dangerous.” The BIS report, titled “Cryptocurrencies and decentralized finance: functions and financial stability implications,” acknowledges cryptocurrency’s growing importance with the rise of ETFs, stablecoins, and tokenized assets. … Read more
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