Cryptocurrency bank Xapo and Hilbert Capital will jointly manage a $200 million Bitcoin-denominated hedge fund
Cryptocurrency bank Xapo and the asset management division of Swedish investment firm Hilbert Group, Hilbert Capital, announced plans to jointly manage a Bitcoin-denominated hedge fund with an initial capital of 200 million dollars. The fund is expected to officially launch in September, open to corporations, commercial institutions and professional investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Boeing (BA.US) reaches a tentative labor contract agreement with engineers' union, salary increase rises to 10%
Boeing and its engineers' union reached a tentative labor contract agreement on Friday. The new four-year proposal includes higher general wage increases than the initial offer.

Analyzing Bittensor’s 7% drop after its Raydium rally – What’s next for TAO?

Hyperscale Data Executive Chairman Milton C. Ault III buys USD 5,252 of common shares
Will Gold Price Fall Below $4,000 Amid Renewed Economic Risks?