Crypto Hedge Fund Plans to Raise Up to $27M for Bitcoin-Focused Fund – 24/7 Wall St.
BXB Capital reportedly is looking to launch a new $27 million fund that will raise capital exclusively in Bitcoin.
Source: 247wallst.com
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Crypto hedge fund BXB eyes $27m for bitcoin-based fund
Cryptocurrency hedge fund firm BXB Capital, which is owned by Binance Korea's co-founders JJ Petersen and Alex Friedberg, is looking to raise $27 million for a new fund, with all capital commitments being made exclusively in bitcoin, according to a report by Fortune. The new vehicle, which Singapore-based BXB hopes to launch July of this year, has reportedly so far attracted 400 BTC, around $10 million, from investors. As well as raising capital in bitcoin, all of the new fund's trading strategies will also be carried out in the world's largest cryptocurrency with any investor r...
Source: hedgeweek.com
Veteran crypto traders raising 1,000 Bitcoin for BTC-denominated fund
While the world of finance still revolves around fiat currency, the crypto hedge fund BXB Capital is taking a different approach with its latest fund: It’s…
Source: biztoc.com
Bitcoin-focused trading fund is being launched by hedge fund BXB Capital
Crypto hedge fund BXB Capital or Block by Block Capital is launching a bitcoin-focused trading fund in July. The fund, which was co-founded by former Binance…
Source: biztoc.com