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.

ChainCatcher news, Bitwise announced that its Ethereum ETF (ETHW) assets under management have surpassed 500 million dollars.

ChainCatcher news, Hong Kong Financial Secretary Paul Chan published a new issue of "Secretary's Essay," in which he pointed out that the number of licensed asset management companies in Hong Kong increased by 24% year-on-year last quarter, and the number of open-ended fund companies also surged by over 132% year-on-year.According to the latest data, the number of startups in Hong Kong has reached a new high, with the proportion of startups founded by non-local entrepreneurs rising to 28%.In addition, Paul Chan also announced that the public consultation for the new fiscal year's "Budget" officially begins today.

ChainCatcher news, according to Crowdfund Insider, deVere Group CEO Nigel Green predicts that Bitcoin could soar to $150,000 by mid-2025. "So far this year, Bitcoin has risen by as much as 134%, and we believe the price of Bitcoin will continue to rise in the coming months.""I previously predicted that after Donald Trump's inauguration, the price of Bitcoin could soar to $120,000. I now believe that the increasing FOMO among investors and the continuous rise in institutional investment are likely to push the price of Bitcoin up to $150,000 by mid-2025."

ChainCatcher news, the latest calculations from OKG Research at OKEx Research indicate that based on BlackRock's recent research report "The Size of Bitcoin in a Portfolio," if the global asset management industry allocates 1%-2% of its funds to Bitcoin in 2024-2025 as recommended.As of the end of 2023, the global asset management industry manages assets totaling $118.7 trillion. Assuming an annual growth rate of 10%, if the allocation ratio reaches 2%, the potential influx of funds could amount to approximately $3.05 trillion. This influx of funds could drive the price of Bitcoin up to around $247,000.

ChainCatcher news, decentralized finance and digital asset company DeFi Technologies announced that it will acquire a minority stake in Swiss asset management company Neuronomics AG, with the specific acquisition amount not disclosed. According to the terms of the letter of intent, DeFi Technologies will increase its stake in Neuronomics by subscribing to 10% of the issued and outstanding securities of Neuronomics. This acquisition aims to enhance DeFi Technologies' asset management and trading capabilities, diversify revenue sources, and complement the company's specialized arbitrage trading platform DeFi Alpha.It is reported that Neuronomics specializes in quantitative trading strategies driven by artificial intelligence, computational neuroscience, and quantitative finance, and holds an asset management license issued by the Swiss Financial Market Supervisory Authority (FINMA).