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Valkyrie Investments Launches $100 Million On-Chain DeFi Fund
Summary: According to Coindesk, crypto asset management company Valkyrie Investments will launch a $100 million "on-chain DeFi fund", allowing investors to safely and easily access the fast-growing crypto industry. According to the report, the DeFi fund, which will be launched on November 22, comes from existing Valkyrie investors and general partners of the company. The target ...
According to Coindesk, crypto asset management company Valkyrie Investments will launch a $100 million "on-chain DeFi fund", allowing investors to safely and easily access the fast-growing crypto industry.
According to the report, the DeFi fund, which will be launched on November 22, comes from existing Valkyrie investors and general partners of the company. The target audience is qualified investors in the United States and most international countries.
Wes Cowan, Managing Director of Valkyrie DeFi, said that the on-chain DeFi fund keeps its assets on the chain, enabling the company to obtain additional benefits from borrowing, liquidity pools, mining, and staking in the DeFi ecosystem.
The DeFi portfolio invested by the Valkyrie Fund will include most main DeFi protocols. Cowan added: "We see many opportunities on the blockchain, including Ethereum, Avalanche, Solana, Binance Smart Chain, Matic, and Fantom."
By Mary Liu
Tags: DeFi,Valkyrie Investments,Wes Cowan
Link: Valkyrie Investments Launches $100 Million On-Chain DeFi Fund [Copy]
