Listed company InFocus Group launches digital asset venture capital fund with 10 million AUD support
ChainCatcher news, according to PR Newswire, the Australian listed company InFocus Group has announced the launch of its digital asset venture capital arm, InFocus Digital Ventures, and will receive 10 million AUD in financing support from Asia-Pacific digital asset company Mythos Group through the issuance of convertible bonds and allotment of shares.
It is reported that the institution intends to use part of the initial funds to invest in the Monochrome Bitcoin ETF, and later plans to directly purchase spot bitcoin.
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
Can a $20 monthly Siri subscription turn Apple (AAPL.US) into a "money-printing machine"? Analyst: It may generate 24 billions in annual revenue, with smart home contributing less than 1%.
Gene Munster, managing partner at Deepwater Asset Management, stated that Apple’s (AAPL.US) newly launched smart home product is expected to contribute slightly less than 1% to revenue in fiscal year 2027.
Liberty Global Says VodafoneZiggo Tower Sale Cleared by EU Commission
Crypto prices
More
