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Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

by admin
May 26, 2023
in Bitcoin
0
Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund



Metalpha is seeking to elevate $100 million for the Next Generation Fund I, which it has shaped in partnership with NextGen Digital Venture Limited. As of the top of March, Metalpha has raised $20 million in the direction of that purpose. The fund invests in Grayscale merchandise by structured derivatives, granting entry to mainstays of digital asset portfolios in a method that’s compliant with U.S. and Hong Kong legal guidelines.

Tags: AssetBitmainfundGrayscaleBasedHongKongManagerMetalphaSecures
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