Express

Huobi Technology Launches Four Crypto Funds Targeting $100M In Assets By September

Mary Liu

Summary: According to a report from Bloomberg, Huobi Technology Holdings Ltd has launched 4 crypto-related funds, with the goal of reaching $100 million in assets by September.  The company said that the four funds have received investment commitments of $50 million. Two of the funds will track the price of Bitcoin and Ethereum respectively, and investors ...

According to a report from Bloomberg, Huobi Technology Holdings Ltd has launched 4 crypto-related funds, with the goal of reaching $100 million in assets by September. 

The company said that the four funds have received investment commitments of $50 million. Two of the funds will track the price of Bitcoin and Ethereum respectively, and investors can bet on their price trends without actually holding these tokens.

Of the remaining two funds, one is an actively managed fund that invests in a basket of virtual assets, and the other is a private equity fund that specializes in the field of crypto mining.

By Mary Liu

Last Update:

Tags: ,,,
Link: Huobi Technology Launches Four Crypto Funds Targeting $100M In Assets By September   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago

    • You need to login to comment.