ChainCatcher news, reported by Invest360, China Pacific Insurance Investment Management (Hong Kong) Co., Ltd. has launched a tokenized US dollar money market fund "CPIC Estable MMF". This fund is a tokenized US dollar money market private fund under the open-ended fund company framework regulated by the Hong Kong Securities and Futures Commission, achieving product tokenization on the public chain, with a subscription scale of 100 million US dollars on the first day.The fund is initiated and managed by China Pacific Insurance Investment Management (Hong Kong) Co., Ltd., with thePAC as the token issuance platform, and Standard Chartered Bank providing custody, registration, and fund administration services. The fund will invest in short-term deposits and high-quality money market instruments denominated in US dollars, and is open only to professional investors.The CEO of China Pacific Asset Management Hong Kong stated that the issuance of the tokenized US dollar money market fund is a milestone for the company in the direction of combining traditional finance with blockchain technology, and in the future, more traditional assets will be tokenized using real-world asset technology.

ChainCatcher news, according to BusinessInsider, asset management company REX Financial announced the launch of the Bitcoin Corporate Treasury Convertible Bond ETF (REX Bitcoin Corporate Treasury Convertible Bond ETF), which is listed on Nasdaq under the ticker BMAX. It is primarily aimed at retail investors and investment advisors, and is a convertible bond issued by companies that support incorporating Bitcoin into their financial strategies.

ChainCatcher news, according to Cryptonews, the Enforcement Directorate (ED) of India has chosen the cryptocurrency exchange CoinDCX to manage the seized digital assets. As part of the collaboration, CoinDCX will provide a secure custody infrastructure to store and manage the confiscated assets.Indian authorities have intensified their enforcement against cryptocurrency fraud, seizing assets worth nearly $200 million in the GainBitcoin and BitConnect scams.Assistant Director of the Enforcement Directorate, Parneet Kumar, stated that CoinDCX has cooperated during the seizure process, assisting the ED in the investigation and ensuring compliance with all legal requirements.

ChainCatcher news, according to official sources, cryptocurrency asset management company Bitwise has completed a $70 million financing round, with participation from Electric Capital, MassMutual, MIT Investment Management Company, Highland Capital, Haun Ventures, ParaFi Capital, and others, continuing to advance its position as a leading cryptocurrency asset management firm.Currently, Bitwise manages $12 billion in client assets, has over 100 employees, and offers more than 30 investment solutions. The company plans to continue expanding its team and launching new products.

ChainCatcher news, according to Ai Yi's monitoring, asset management company Metalpha deposited 30,006 ETH to Binance four hours ago, worth approximately 80.48 million USD. This is the company's first large deposit of ETH to its multi-signature address after a three-month interval, and the current intent is still unclear.

ChainCatcher news, according to K33 Research's research director Vetle Lunde, as of the end of the fourth quarter of 2024, the number of professional institutions holding exposure to U.S. spot Bitcoin ETFs has reached 1,576, an increase of 429 from the previous quarter.The total assets under management of these institutions have reached $26.8 billion, a quarter-over-quarter growth of 113%.The proportion of assets under management held by institutional investors has risen from 21.3% in the third quarter to 25.4%, with IBIT's trading activity being the most active.

ChainCatcher news, digital asset management company Metalpha announced its latest unaudited financial performance report, which disclosed a total revenue of $19,720,654 for the six months ending September 30, 2024, representing an increase of nearly four times compared to $5,085,150 for the same period in fiscal year 2024. In addition, its board has approved a stock repurchase plan of up to $5 million, with related repurchase transactions to be conducted over the next 36 months.

ChainCatcher news, DeFi asset management platform UFarm.Digital announced the completion of a $500,000 early seed round financing. The platform launched on the Arbitrum blockchain, and the new funds will be used to build a privacy-centric privacy layer and support cross-chain capabilities. Additionally, its roadmap reveals plans to explore zero-knowledge proof (ZKP) technology for KYC verification.

ChainCatcher news, according to Bitcoin.com News, the world's largest asset management company BlackRock is planning to launch a Bitcoin spot investment product in Switzerland. BlackRock CEO Larry Fink stated that Bitcoin is a safe haven against currency devaluation. Currently, BlackRock's Bitcoin fund continues to set new records for inflows, indicating a growing demand from institutional investors.

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, UK asset management company Fasanara Capital has announced the launch of the tokenized money market fund FAST, based on the Polygon blockchain. The fund will focus on the crypto industry, targeting clients such as stablecoin issuers, DeFi protocol libraries, and crypto funds.Fasanara plans to offer a return rate of 4.7%, and the fund's portfolio will include government bonds, long-term government bonds, other money market funds, and commercial paper. Fasanara has $140 billion in trading experience in the crypto space and is committed to providing innovative liquidity solutions for professional investors.

ChainCatcher news, the Swedish compliant crypto asset management company Virtune announced that Finland's first cryptocurrency ETPs are listed on Nasdaq Helsinki, with a total of five ETP products denominated in euros. All ETPs are 100% physically backed and fully collateralized, namely: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and Virtune Crypto Altcoin Index ETP.

ChainCatcher news, according to TheMinerMag, claims that Mintvest, a company holding 18.2% of Coinmint's shares, has filed a lawsuit against NYDIG in the U.S. District Court for Puerto Rico. The lawsuit alleges that, based on "information and belief," NYDIG acquired Coinmint for $200 million but failed to pay Mintvest for its share in the company. Mintvest is seeking $36 million in damages from NYDIG.NYDIG declined to comment on the case and did not clarify its investment in Coinmint. However, recent developments suggest that NYDIG may be taking over the idle power capacity at Coinmint's facilities to expand its proprietary mining operations.

ChainCatcher news, according to monitoring data from Arkham, asset management company Invesco's Bitcoin exchange-traded fund BTCO Invesco Galaxy Bitcoin ETF today transferred 558.174 BTC to an address starting with bc1qz, worth approximately 53.51 million USD.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted on X: "A wealth management company in California with $300 million in assets under management recently emailed to say that it has invested in Bitcoin for 63 clients through our ETF.This makes me very happy. Wealth management companies will help millions of investors participate in the opportunities in this space. I am honored to support them."

ChainCatcher news, according to HODL15Capital monitoring, BlackRock is the world's largest asset management company, with assets under management exceeding $11.5 trillion.BlackRock has 1,101 funds. Its Bitcoin ETF IBIT ranks 13th among all funds as of the end of 2024, with assets under management reaching $52 billion (achieving this level in less than 1 year).

ChainCatcher news, Vivek Ramaswamy's Strive Asset Management has applied to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin bond ETF.

ChainCatcher news, according to The Australian, Australian crypto asset management company DigitalX announced plans to raise approximately $15 million through private placements and issuing shares to existing shareholders.In addition, DigitalX also stated that it expects to receive approximately 41 BTC from the Mt. Gox compensation distribution in 2025, valued at around $7 million based on current market prices.

ChainCatcher news, according to an announcement from the Hong Kong Securities and Futures Commission, Cool River Venture HK Limited, founded by ByteDance co-founder Zhang Yiming, has been granted a Type 9 license (asset management license) to conduct asset management business in Hong Kong.Additionally, according to the official website of the Companies Registry of the Hong Kong Special Administrative Region government, Cool River Venture HK Limited was registered on May 22, 2023.Reports indicate that Cool River Venture is a private limited company, with Zhang Yiming as the sole director and Galaxy LLC as the sole shareholder, registered in the Cayman Islands.