According to ChainCatcher news and a report by Cointelegraph, Aspen Digital's latest report shows that interest in cryptocurrencies among private wealth in Asia is significantly increasing. The survey indicates that 76% of Asian private wealth has already ventured into digital assets, with another 18% planning to invest in the future, totaling up to 94%.The report surveyed 80 family offices and high-net-worth individuals in the Asia region, most of whom manage assets ranging from $10 million to $500 million. This is a significant increase compared to just 58% of respondents involved in digital assets in 2022. Among the respondents who have invested in cryptocurrencies, 70% have less than 5% of their portfolio in digital assets. However, some investors have increased their allocation to over 10% in 2024.The survey also found that Asian private wealth is increasingly interested in the profit opportunities brought by blockchain technology applications. Two-thirds of respondents expressed interest in decentralized finance (DeFi), and 61% showed concern for artificial intelligence and decentralized physical infrastructure networks (DePIN). Additionally, with the approval of spot Bitcoin ETFs in the U.S. and Hong Kong, 53% of respondents gained exposure to cryptocurrencies through funds or ETFs.

ChainCatcher news, asset management giant VanEck has announced two long-term investments in the Web3 gaming sector. One investment is directed towards the AI blockchain game project Parallel, while the other investment has not been disclosed. VanEck stated that details will be announced soon.

ChainCatcher news, according to CoinDesk, Galaxy Digital's latest report shows that global cryptocurrency startup investments in the third quarter of 2024 amounted to $2.4 billion, a 20% decrease from the previous quarter, with the number of investment deals down by 17%. Alex Thorn, head of research at Galaxy Digital, stated that the high interest rate environment, the launch of spot crypto ETFs, and the shadow of the industry's collapse in 2022 are still affecting institutional investors' decisions.In the first three quarters of this year, the crypto industry has accumulated $8 billion in investments, and the total financing for the year is expected to be roughly on par with 2023, far below the levels of over $30 billion per year in 2021 and 2022. Nevertheless, Thorn pointed out that the ETF-driven market rally is intensifying competition among venture capital firms, benefiting entrepreneurs in obtaining better valuation conditions.The report indicates that 85% of the funds are directed towards early-stage projects, with the exchange, lending, and trading platform sectors attracting the most investment, approximately $460 million. The United States remains the primary source of investment, accounting for 56% of the total investment amount. Projects that combine crypto and artificial intelligence received about $270 million in investments, a fivefold increase from the previous quarter.

ChainCatcher news, Silicon Valley's renowned investor Tim Draper stated on X that he has donated to the campaigns of Harris and Trump, with amounts being roughly equal.He said, "This allows my wife and me to meet both candidates and make a more informed decision. My conclusion is that both candidates are in the right place; although they will set different paths for America, I optimistically believe that either path is positive, and I support both candidates."This action has faced significant public criticism, with Messari founder and former CEO Ryan Selkis stating, "If you are so vile that you cannot support a president (referring to Trump) who does not allow our country to be overrun by illegal immigrant criminals, then what is the point of being a billionaire? Silicon Valley people are truly pathetic."

ChainCatcher news, the official account of Three Arrows Capital announced on social media that it has invested in the meme project ASTROFOLIO, acquiring 0.7% of the total supply of all 12 zodiac tokens.It is reported that the official account of Three Arrows Capital resumed updates on September 28, and the account has now been renamed to Three Arrowz Capitel, with the ENS domain also being a newly applied domain. Zhu Su stated on September 28 that the account has resumed operations.

ChainCatcher News: Japanese blockchain game development company double jump.tokyo announced a strategic partnership with the American Web3 fund Neoclassic Capital.double jump.tokyo plans to strengthen its collaboration with Asian and global Web3 startups through LP investments in Neoclassic Capital, accelerating the global adoption of Web3 technology. Neoclassic Capital is a venture capital firm focused on Web3 and digital assets, with a focus on investments in Asia and the entertainment industry.

ChainCatcher news, Binance Labs announced an investment in the Bitcoin liquid staking platform Lombard. Jacob Phillips, co-founder and strategic director of Lombard, declined to disclose the valuation in the latest funding round but noted that the startup's total funding is currently around $17 million, up from $16 million in the seed round four months ago, indicating that Binance Labs' investment is approximately $1 million.According to RootData, Lombard was founded in April 2024 and is dedicated to unlocking the potential of Bitcoin as a dynamic financial tool by connecting Bitcoin with DeFi. Lombard enables yield-generating BTC to move across chains without fragmenting liquidity, paving the way to become the largest catalyst for bringing net new capital into DeFi. Its flagship product, LBTC, is a yield-bearing, cross-chain, highly liquid Bitcoin backed 1:1 by BTC.

ChainCatcher news reports that a CoinDesk investigation has found undisclosed related-party transactions in the real estate crypto project Tangible. The company's CEO Jagpal Singh's brother, Joshvun Singh, purchased properties at a discounted price through his company and then resold them to Tangible at a markup of up to 21%. This practice has been deemed lacking in reasonable justification by UK real estate experts.In October 2023, Tangible's USDR stablecoin faced a run, leading to the depletion of liquidity reserves, causing the coin's price to plummet from $1 to $0.50. CoinDesk's analysis indicates that the undisclosed markup may have resulted in losses of at least £875,590 for USDR investors, with actual losses potentially being higher.Tangible has stated that it is "working hard" to compensate USDR investors but has refused to answer detailed questions. The company currently needs to liquidate nearly 200 properties in the UK, with a total value of approximately £27 million, to repay investors.

ChainCatcher news, Arriba Studio announced the establishment of a new company "Arriba Studio Z" to enhance investment capabilities. Since its founding in 2022, Arriba Studio has invested in 19 Web3 projects, several of which have successfully gone public in Japan.Due to the increasing demand for support from Web3 startups, the new company plans to invest $20 million (approximately 3 billion yen), which is about twice that of the first company, aiming to provide more support for projects in Japan and overseas.Arriba Studio Z's first investment is in the American Web3 fund Neoclassic Capital, with Double Jump.tokyo also participating in this investment. Investors in Neoclassic Capital include a16z co-founder Marc Andreessen.

ChainCatcher news, freedom advocate Aaron Day has initiated a petition calling for the release and pardon of early Bitcoin investor Roger Ver, who has currently collected 245 signatures, with a goal of 500 signatures. Ver is facing extradition to the United States on charges of tax evasion.

ChainCatcher news, according to the Pioneer Economy, Korea's largest institutional investor, Korea Investment Corporation (KIC), recently clarified to the National Assembly that its investments in U.S. crypto-related stocks such as Coinbase and MicroStrategy are not intended to directly engage in virtual assets, but are part of its benchmark index tracking strategy.In the materials submitted to the National Assembly's Finance Committee, KIC stated that these investments are a result of following its benchmark index MSCI ACWI ex Korea (non-hedged version). Coinbase was included in the index in December 2021, while MicroStrategy was added in June 2024. KIC emphasized that the scale of its investments in these companies is generally consistent with their weights in the index.This clarification from KIC comes in response to questions from the National Assembly regarding whether public funds are indirectly investing in cryptocurrencies. According to the U.S. Securities and Exchange Commission (SEC) 13F filings, in the second quarter of 2024, KIC and the National Pension Service of Korea purchased 21,000 and 245,000 shares of MicroStrategy, respectively. Additionally, KIC has been investing in Coinbase since the fourth quarter of 2021, holding a total of 50,400 shares.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated that recent comments by U.S. Vice President Harris on cryptocurrency indicate that if regulators give the green light, investors will flood into the digital asset market.On Monday, Harris pledged to support a regulatory framework that protects Black investors and ownership of cryptocurrency. Hougan noted in a blog post that Harris's proposal coincided with a 5% rise in Bitcoin prices on Monday, with $555.8 million flowing into Bitcoin spot ETFs, the largest inflow since June 4.He added, "Regardless of what Harris actually said, the price movement that day tells me that there is a lot of capital on the sidelines waiting for the alarm to be lifted to enter the market."

ChainCatcher news, global tier-one crypto venture capital firm K24 Ventures today announced the launch of its active on-chain secondary fund, with an initial fund size of $5 million, focusing on secondary market trading of on-chain digital assets. The fund's investment strategy will combine various screening tools such as on-chain research, whale analysis, and community consensus, with a particular focus on early meme coin projects.K24 Ventures believes that meme coins have become an important part of crypto culture, widely recognized by users, institutions, and major trading platforms, thus possessing significant investment potential. The fund plans to achieve substantial returns in the future through investments in on-chain assets and early meme coins.Founded in 2019, K24 Ventures' primary venture capital fund focuses on multiple areas within the crypto industry, including infrastructure, DeFi, AI, GameFi, and early investments in the Bitcoin ecosystem. In addition, K24 Ventures provides comprehensive support services for its investment projects, covering global KOL promotion, community building, market traffic strategies, and listing guidance, to assist in the long-term development of projects.

ChainCatcher news, according to Bloomberg, Tether CEO Paolo Ardoino confirmed in an interview that the company is interested in financing commodity trading, but emphasized that discussions are still in the preliminary stages. Ardoino stated, "We are interested in exploring the possibilities of different commodity trading; the future potential is huge, but we may not disclose how much we intend to invest in commodity trading, as we are still cautiously formulating our strategy."ChainCatcher previously reported that, according to Tree News, the stablecoin issuer Tether plans to explore providing loans to commodity trading companies.