ChainCatcher news, according to CoinDesk, asset management company Kin Capital will launch a $100 million tokenized real estate debt fund on the real-world asset center network Chintai.It is reported that the fund holds preferred real estate trust agreements, with an initial issuance size of $5 million, and plans for additional issuances in early 2024 and 2025. The fund is available to qualified investors, with a minimum investment limit of $50,000. The expected annual return rate for the fund is 14%-15%, distributed to investors quarterly.

ChainCatcher news, SBI Holdings will establish a management company primarily dealing with digital assets in partnership with asset management firm Franklin Templeton by the end of this year. The United States has lifted the ban on exchange-traded funds (ETFs) that include cryptocurrencies such as Bitcoin, and Japan is also preparing to relax regulations.The new company will be owned 51% by SBI Holdings and 49% by Franklin Templeton.

ChainCatcher news, digital asset management company and multi-strategy cryptocurrency hedge fund Hyperion Decimus announced the launch of the crypto fund HD CoinDesk Acheilus, aimed at providing transparent, data-driven investments in the digital asset space through institutional-grade trust management. The fund is primarily driven by CoinDesk Indices' proprietary Bitcoin Trend Indicator (BTI) and Ethereum Trend Indicator (ETI) to reduce the risk of market volatility for institutional investors in the cryptocurrency market.

ChainCatcher news, Swedish digital asset management company Virtune has listed the Virtune Staked Ethereum ETP SEK on the Stockholm Nasdaq exchange. This exchange-traded product (ETP) tracks the price of Ethereum while offering an additional annual return of up to 5%. Virtune uses non-custodial staking and does not transfer Ethereum to third parties.

ChainCatcher news, digital asset management company 3IQ announced that it will launch Ethereum staking services for its two funds, "Ether Fund" and "3iQ Ether ETF," and will begin offering staking services to clients around August 28. 3iQ will use Coinbase Custody's institutional staking infrastructure to support ETH staking in these products.It is reported that this new service allows investors to earn returns through Ethereum staking, which will be reflected in the fund's net asset value (NAV) through appreciation, while increasing the fund's exposure to ETH. (Source link)

ChainCatcher news, according to Bloomberg, Hong Kong-based digital asset management service provider Metalpha plans to raise a $100 million fund to invest in Bitcoin and other cryptocurrency products from Grayscale Investments LLC, providing a regulated channel for Chinese investors interested in cryptocurrency.Since March, it has raised $20 million for its new fund. Metalpha is supported by Singapore-based Antalpha, which has been collaborating with Chinese Bitcoin mining company Bitmain to provide low-interest loans to cryptocurrency miners. (Bloomberg)

ChainCatcher news, according to Twitter user The Data Nerd's monitoring, digital asset management company Arca transferred over 920,000 DYDX from Binance yesterday, and Arca now holds at least 1.6 million DYDX. (source link)

According to ChainCatcher news, data monitoring by Spot On Chain shows that the digital asset management company Arca has sold off most of its Arbitrum ecosystem tokens: 11 hours ago, it exchanged 1.6 million RDNT for 712,000 USDT, with a selling price of $0.445 and a buying price of $0.274; 5 hours ago, it exchanged 312,000 SYN for 165.6 ETH (approximately $267,000), with a selling price of $0.8 and a buying price of $1.21.Currently, Arca has sold all DPX and RDNT tokens, and still holds 20,000 GMX (approximately $1.6 million) and 549,000 SYN (approximately $510,000) in two wallets. (source link)

ChainCatcher news, Coinbase has announced the acquisition of One River Digital Asset Management (ORDAM), an institutional-grade digital asset management firm, which is registered as an investment advisor with the U.S. Securities and Exchange Commission (SEC). ORDAM will be transformed into Coinbase Asset Management (CBAM) and will operate as an independent business and a wholly-owned subsidiary of Coinbase. One River founder Eric Peters will continue to serve as the CEO of CBAM.Coinbase stated that this acquisition aligns with its long-term strategy to provide more opportunities for institutions to participate in the crypto economy. (Source link)

ChainCatcher message, according to Lookonchain monitoring, digital asset management company Arca has purchased approximately 5 million dollars worth of Arbitrum ecosystem tokens since February, including 42,972 GMX (worth about 3.5 million dollars), 2.54 million RDNT (worth about 723,000 dollars), and 1,881 DPX (worth about 737,000 dollars). (Source link)

Chain Catcher news, institutional-level digital asset management company xalts has completed a $6 million financing round, co-led by Citi Ventures, a venture capital arm of Citibank, and venture capital fund Accel.It is reported that xalts is headquartered in Hong Kong and is building innovative institutional-level investment products and solutions, which will launch various digital asset-related investment products, including mutual funds and exchange-traded funds, on multiple global exchanges. (Coindesk)