ChainCatcher news, according to CoinDesk, the Portuguese fund management company Fundbox has partnered with the European cryptocurrency investment platform Kvarn X to launch the KvarnPortugal fund, which allocates 80% of its assets to Bitcoin and 20% to the CoinDesk 20 index.The minimum investment for the fund is €100,000, with a management fee of 0.05% and a subscription fee of 2.5%. If investors wish to obtain residency through the Portuguese Golden Visa program, they must invest at least €500,000 and reside in Portugal for at least 35 days within 5 years. The fund subscription period will last until February 2027.

ChainCatcher news, the People's Court of Tongzhou District, Nantong City, Jiangsu Province, heard a case regarding the conversion of virtual currency investment funds into a loan, rejecting the repayment lawsuit request from the plaintiff Han. Han and Ji were friends, and Ji suggested Han invest in Tether, claiming it could yield high returns. Han purchased 2,000 Tether through a platform, with Ji managing the investment on his behalf.However, Ji did not fulfill his promise, prompting Han to report to the police and reach an agreement with Ji to convert the virtual currency trading relationship into a loan relationship. Ji issued an IOU promising repayment but failed to repay, leading Han to file a lawsuit.The court held that Tether is not legal tender and lacks the characteristics of legal repayment, making the loan agreement invalid. Even though the parties had converted the virtual currency trading into a loan relationship, the court also found that virtual currency investment activities are not protected by law, and the losses should be borne by Han. Ultimately, the court ruled to dismiss Han's lawsuit request.

ChainCatcher news, according to Cryptonews, Brazilian congresswoman Adriana Ventura has proposed a bill that would allow Brazilian investment funds to directly invest in cryptocurrencies such as Bitcoin. This measure will "provide a regulated safe environment."Adriana Ventura stated that this would allow funds to "broaden the diversification of their portfolios." The main focus of the bill is to allow investors to offset losses and increase the exemption limit for net gains related to stock transactions. However, the draft bill also includes a provision that allows "investment funds registered in Brazil" to purchase cryptocurrencies from companies registered and operating in the country. Currently, major institutional investors in Brazil cannot directly invest in cryptocurrencies.Some believe that this is not in sync with the rapid expansion of Brazil's retail cryptocurrency market. Many claim that Brazil's cryptocurrency market is the largest in the entire Latin American region.

ChainCatcher news, according to Spot On Chain monitoring, the 1inch investment fund has bought another 7,289 ETH and 52.072 WBTC in the past hour.

ChainCatcher news, according to EmberCN monitoring, the 1inch team investment fund has once again stepped in to buy the dip on ETH: the investment fund spent 10 million USDC in the past 20 minutes to purchase 3,257 ETH, with an average buying price of 3,070 dollars.

ChainCatcher news, according to Cointelegraph, blockchain development company Blockstream announced the launch of two institutional investment funds that will allow investors to gain direct access to the company's Bitcoin ecosystem and earn returns through Bitcoin-backed loans and other income sources.In an announcement on January 23, Blockstream unveiled its new asset management business, Blockstream Asset Management, and announced the upcoming launch of the Blockstream Income Fund and Blockstream Alpha Fund in the first quarter of this year. The Blockchain Income Fund aims to issue loans by providing Bitcoin as collateral to Bitcoin-native startups and companies within the Blockstream network that have a stock of digital assets, thereby generating returns denominated in USD.The fund focuses on loans ranging from $100,000 to $5 million. The Alpha Fund, on the other hand, focuses on portfolio growth, providing investors with opportunities to access "infrastructure-based income streams such as operating Lightning Network nodes." It is viewed as an actively managed fund that typically charges higher fees.

ChainCatcher news, Metya announced the official establishment of a new investment department, Metya Ventures, further expanding its strategic layout in the Web3 consumer entertainment sector.Metya Ventures will focus on investing in the Web3 consumer entertainment sector, dedicated to supporting innovative projects in the global entertainment ecosystem through funding support, market promotion, business development, and strategic guidance. Metya Ventures will prioritize investments in high-potential projects and promote long-term value creation and deep ecological synergy through funding support and strategic cooperation.The establishment of Metya Ventures marks an important layout for Metya in the Web3 consumer entertainment field. With its strong technological and resource advantages, Metya Ventures will provide more comprehensive support for global innovative projects, driving innovation and breakthroughs in the industry.With the establishment of Metya Ventures, Metya will further accelerate its innovative practices in the Web3 consumer entertainment ecosystem, striving to bring profound impact and sustainable development to the industry.

ChainCatcher news, according to market news, the CEO of Saudi Arabia's Public Investment Fund stated: "We are currently not considering investing in cryptocurrencies."It is reported that the Public Investment Fund of Saudi Arabia is led by Prince Alwaleed bin Talal bin Abdulaziz Al Saud, and this holding company ranked second among the top 100 companies in Saudi Arabia in 2002, while ranking first in the private sector.

ChainCatcher news, according to official sources, the Web3 game company Immortal Games has announced the launch of a $2 million investment fund to attract game guilds and Web3 game projects to join its on-chain esports tournament platform, Coliseum.According to the Web3 asset data platform RootData, [Immortal Game](https://www.rootdata.com/zh/Projects/detail/Immortal Game?k=MTc0MQ== "Next Generation Chess Platform") is the next-generation chess platform that transforms chess into a Web3 game with NFTs. The Web3 game startup Immortal Games completed a $12.2 million Series A funding round in September 2022, led by TCG Crypto, with participation from institutions and investors such as Cassius, Greenfield One, Sparkle Ventures, Kraken Ventures, and Spice Capital.

ChainCatcher news, according to Shanghai Securities Journal, Huabao Overseas Technology Stock Securities Investment Fund (QDII-LOF) has announced the suspension of subscription and regular investment business, and the date for resuming the subscription and regular investment business of this fund will be announced separately.Previously, according to community user feedback, the homepage of Alipay users in mainland China displayed advertisements for cryptocurrency fund products, which has been verified as the Huabao Overseas Technology C (QDII-FOF-LOF) fund. This fund invests in ETFs under ARK Invest through QDII, indirectly holding Coinbase stocks and the Ark Bitcoin Spot ETF, with a daily purchase limit of 1,000 RMB per person.

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, the 1inch team investment fund has sold 1INCH for the third consecutive day, exchanging a total of 5,217,000 1INCH for 2,815,000 USDC over the past day.Data shows that since the 5th, the 1inch team has sold a total of 15,698,000 1INCH for 8,380,000 USDC, with an average selling price of $0.533.

ChainCatcher news, according to Fortune, cryptocurrency investment firm Metalayer has filed documents with the U.S. Securities and Exchange Commission (SEC) to establish a $25 million fund focused on investments in the cryptocurrency industry. Sources say that Metalayer completed its initial financing last Friday, securing $20 million in committed capital, and plans to raise the full amount by the end of this year.The three founders of Metalayer are all former executives of Two Sigma Ventures, including former head of digital assets Andy Kangpan. It is reported that Metalayer has invested in three companies, including the synthetic dollar project Ethena, the institutional-only exchange Crossover, and the blockchain clearinghouse Clear Token.Despite a decline in overall cryptocurrency venture capital activity, Metalayer's fundraising is still supported by executives from Two Sigma Ventures and other investors. Industry insiders believe that the establishment of this fund marks a continued warming of venture capital interest in the blockchain sector.

ChainCatcher news, according to official sources, Canadian investment fund SOL Global Investments announced that it has entered into an agreement with Canaccord Genuity Corp. and Clarus Securities Inc. as co-lead underwriters and co-book runners, representing a group of underwriters.Under the agreement, the underwriters will offer up to 18 million shares of the company at an issue price of $0.20 per share on a "best efforts" basis; this issuance will bring the company a maximum total fundraising amount of $3.6 million. The company plans to use the net proceeds from the issuance to purchase Solana tokens through cryptocurrency exchanges at current market prices.At the same time, the company clarified that the Solana tokens acquired from the net proceeds of the issuance will not be used as collateral for any current or future secured debt of the company.

ChainCatcher news, Tido Capital's new round has launched, with its limited partners (LPs) including a well-known undisclosed family office from Hong Kong. This indicates that Tido's influence in the crypto industry is continuously growing, and its rebranding strategy has laid the foundation for attracting broader investment support. The rebranded Tido Capital reveals that its new funds will primarily invest in decentralized applications (DApps) with mass adoption potential, as well as projects in the TON ecosystem and the Kaia ecosystem.

ChainCatcher news, the crypto venture capital fund Tido Capital has recently completed a rebranding and disclosed that its new Phase II fund has a size of $100 million, focusing on investments in the secondary market.This transformation aims to enhance its flexibility and responsiveness within the cryptocurrency ecosystem while continuing to support decentralized applications (DApps) with broad application potential, as well as projects in the TON ecosystem and Kaia ecosystem.It is reported that the LPs of the new fund include a well-known family office in Hong Kong, indicating that Tido Capital is seeking new growth opportunities in the ever-evolving crypto industry, and demonstrating its ongoing pursuit of resource integration and innovation.Additionally, the Web3 asset data platform RootData shows that Tido Capital is a crypto venture capital fund that primarily invests in angel rounds and seed rounds, and is committed to providing investors with the highest returns in the cryptocurrency asset class. Tido Capital is dedicated to finding and nurturing projects that meet the core needs of the web3.0 field, including public chain infrastructure, DeFi, social games, and the Ethereum ecosystem.

ChainCatcher news, Tianyancha App shows that recently, Zhipu AI's affiliated company Beijing Zhipu Huazhang Technology Co., Ltd. underwent a business change, adding Beijing Artificial Intelligence Industry Investment Fund (Limited Partnership), Shenzhen招商数科 Innovation Private Equity Investment Fund Partnership (Limited Partnership), and Hubei Yangtze River CITIC Technology Mobile Communication Technology Industry Investment Fund Partnership (Limited Partnership) as shareholders, while the registered capital increased from approximately 27.91 million RMB to approximately 31.07 million RMB.

ChainCatcher news, according to informed sources, the blockchain venture capital firm Superscrypt, backed by Temasek Holdings Private Limited, plans to raise up to $100 million for its second investment fund.Informed sources indicate that Temasek has been listed as a major investor in the new fund alongside the New York-based fintech company Republic. Temasek and Republic will jointly serve as general partners of the new company. Informed sources stated that this process is ongoing, and the final amount may change.

ChainCatcher news, according to the Straits Times, UBS announced the global launch of its first tokenized money market fund, starting from Singapore. This UBS Dollar Money Market Investment Fund Token (uMINT) is based on Ethereum distributed ledger technology (DLT). The fund offers investors a controlled-risk institutional-grade cash management solution, supporting high-quality money market instruments.Previously, UBS, as an industry partner in the Monetary Authority of Singapore's "Project Guardian," launched a live pilot for tokenized Variable Capital Company (VCC) funds in October 2023. In June 2023, UBS issued 200 million RMB (37.16 million SGD) in digital structured notes for third parties and completed the world's first cross-border repurchase transaction fully executed and settled on a public blockchain in November of the same year.

ChainCatcher news, the chairman of the Hong Kong Investment Fund Association, Yu Zhensheng, stated that they will gradually study and collaborate with relevant stakeholders and organizations to carry out investor education work, particularly in the area of virtual assets, with the aim of helping investors seize investment opportunities and achieve retirement and financial goals.

ChainCatcher news, according to Globenewswire, the investment fund Banana Capital announced plans to increase its fund size to $100 million to expand AI-driven DeFi strategies for more efficient Web3 asset management and to improve capital efficiency to address the impermanent loss risk in decentralized exchange (DEX) liquidity pools.It is reported that the fund is developing an IT solution to help users effectively manage the capital and liquidity pools of any investment portfolio, currently primarily serving cryptocurrency investors holding ETH, BTC, or SOL in their portfolios.