Metalpha Secures $5M from Bitcoin Rig Producer Bitmain for Grayscale-Primarily based Fund

by Jeremy

Metalpha is trying to elevate $100 million for the Subsequent Era Fund I, which it has fashioned in partnership with NextGen Digital Enterprise Restricted. As of the top of March, Metalpha has raised $20 million in direction of that purpose. The fund invests in Grayscale merchandise via structured derivatives, granting entry to mainstays of digital asset portfolios in a means that’s compliant with U.S. and Hong Kong legal guidelines.

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