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

SB Crypto Guru News by SB Crypto Guru News
May 25, 2023
in Bitcoin
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Metalpha Secures M from Bitcoin Rig Producer Bitmain for Grayscale-Primarily based Fund



Metalpha is trying to increase $100 million for the Subsequent Technology Fund I, which it has shaped in partnership with NextGen Digital Enterprise Restricted. As of the tip of March, Metalpha has raised $20 million in direction of that objective. 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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Tags: BitcoinBitcoin NewsBITMAINCrypto NewsCrypto UpdatesfundGrayscaleBasedLatest News on CryptoManufacturerMetalphaRigSB Crypto Guru NewsSecures
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