ChainCatcher news, according to Coindesk, investment management firm Capital Group has become one of the major shareholders of Metaplant, currently holding a 5% stake. It is reported that Capital Group manages $2.3 trillion in assets, while Metaplanet holds 1,762 BTC, making it the fifteenth largest publicly traded company holding Bitcoin.

ChainCatcher news, according to Bloomberg, former executives from Millennium Management LLC and Pacific Investment Management Company (Pimco) are starting a consulting business in the digital asset space. Benoit Bosc, who previously served as a portfolio manager at Millennium, and Michael Bressler, who recently held the position of executive vice president at Pimco, left their roles in October and August respectively to establish the digital asset consulting firm x2B. The company is set to launch in November and already has 10 clients, charging based on a mix of future tokens and cash for projects.The firm will provide consulting services for crypto projects, including fundraising, token issuance, financial management, and market-making arrangements. Bosc previously served as the U.S. general manager at digital asset market maker GSR, while Bressler was the global head of sales at the company for a year and a half. In an interview, Bressler stated, "Few people understand the complex dynamics of token issuance at the intersection of high-end traditional finance and digital finance." Bosc noted that the industry will benefit from "more professional and transparent practices," adding that x2B plans to encourage "various market participants and service providers involved in these issuances to take on more responsibility."

ChainCatcher news, the Web3 investment firm DNA Fund has announced the acquisition of the investment management company Coral Capital, with the specific acquisition amount undisclosed. This acquisition will bring the assets under management by DNA Fund to over $50 million, which includes Coral's high-yield hedge fund and venture funds focused on DeFi, artificial intelligence, blockchain, and other sectors.DNA Fund stated that DNA and its founders have invested in projects such as Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph, while Coral has invested in Near Protocol and Atmos Labs.

According to ChainCatcher news, as reported by Businesswire, State Street Global Advisors, the asset management business of State Street Corporation, today announced the launch of three actively managed ETFs focused on digital assets and disruptive technologies, with consulting services provided by Galaxy Asset Management, a subsidiary of Galaxy Digital Holdings Ltd. and one of the largest digital asset and blockchain investment management firms in the world.The SPDR® Galaxy Digital Asset Ecosystem ETF (DECO), SPDR® Galaxy Hedged Digital Asset Ecosystem ETF (HECO), and SPDR® Galaxy Transformational Technology Accelerator ETF (TEKX) are designed to capitalize on market inefficiencies and trends in the rapidly changing digital environment through active management of digital asset exposure.

ChainCatcher news, UK digital asset investment management platform Haruko has completed a $6 million Series A funding round, co-led by the digital asset fund of White Star Capital and MMC Ventures. The company's total funding has now reached $16 million. This financing will help the company enter the Southeast Asian market and further consolidate its global influence.It is reported that Haruko was founded in 2021 by Shamyl Malik, Adam Carlile, and Omer Suleman, providing the most comprehensive digital asset technology solutions for institutions deploying capital in the digital asset ecosystem. It has a client base of over 50 investment management institutions and has offices in London and Singapore.Previous news, institutional-grade crypto investment intermediary Haruko announced the completion of a $10 million seed funding round, led by Portage Ventures and White Star Capital.

ChainCatcher news, according to the AMINA Group official website, China Pacific Insurance Group (CPIC)'s subsidiary China Taiping Investment Management (Hong Kong) (CPICIMHK) has reached a strategic cooperation with the Switzerland-based AMINA Group, aiming to bridge the traditional finance and cryptocurrency worlds in the Asia-Pacific region. Both parties will provide investment consulting and banking services for the Pacific Waterdrip Digital Asset Funds, targeting early blockchain projects and proof-of-stake digital assets.

ChainCatcher news, according to 8marketcap data, BNB's market capitalization has reached approximately $91.49 billion, surpassing the largest publicly traded investment management company in the United States, Blackstone Group (current market capitalization approximately $90.73 billion), ranking 196th in global asset value.

ChainCatcher news, the cross-chain infrastructure protocol Axelar (AXL) recently collaborated with JPMorgan's digital asset platform Onyx and alternative asset management firm Apollo to implement a proof of concept (POC) project, demonstrating how to use smart contracts to manage large-scale client portfolios. In this proof of concept, blockchain technology was utilized to execute transactions and automate the portfolio management of tokenized financial assets (i.e., real-world assets, RWA).Axelar (AXL)'s cross-chain infrastructure protocol connects value and communication to over 50 blockchains through a secure and programmable network, and has now integrated off-chain systems with on-chain networks through a hybrid system. JPMorgan's Onyx leverages Axelar (AXL)'s cross-chain technology to achieve interoperability with the Provenance blockchain, which currently locks in $9 billion in real-world financial asset value on-chain.Axelar (AXL) CEO Sergey Gorbunov stated that with Axelar, JPMorgan's Onyx is able to bring composability and programmability into portfolio management, showcasing the powerful potential of blockchain interoperability by managing 100 portfolios through automated modularization. Since the mainnet launch in 2022, Axelar has transferred over $6 billion in value through its cross-chain protocol and a network of 53 chains.

ChainCatcher news, Hong Kong listed company Linekong Interactive will launch a seed fund for Bitcoin network ecological asset management, BTC NEXT, with a scale of $15 million. According to Wang Feng, the founder of Linekong Interactive and initiator of Element, this asset management fund will mainly participate in emerging crypto assets within the Bitcoin network ecosystem (including second layers like the Lightning Network), including but not limited to asset issuance protocols, trading markets, NFTs, and GameFi games.Linekong Interactive will further embrace Web3 and will highlight the brand empowerment of Hong Kong listed companies in the Web3 field, actively recommending the innovative value that can be realized based on the Bitcoin network ecosystem to the market. This year, Linekong Interactive has launched the LK Venture and NAGA one-stop Web3 gaming platform.

ChainCatcher news, Zero Number Technology announced the completion of its Series B financing, with the specific amount undisclosed. The investor is Beijing Guoxin Zhongshu Investment Management Co., Ltd., a subsidiary of the National Information Center. This round of financing will primarily be used to promote product innovation, marketing, and team expansion. In the future, Zero Number Technology will further create benchmark scenarios for industrial blockchain and implement application promotion plans.It is reported that Shanghai Zero Number Technology Co., Ltd. was established in 2016, headquartered in Shanghai, with branches in Beijing, Hainan, Suzhou, Qingdao, and other locations. The company is a national leader in providing data sharing and asset circulation infrastructure, relying on advanced blockchain and privacy computing technologies to serve the digital economy ecosystem.

ChainCatcher news indicates that, according to documents submitted to the SEC in early August, the private equity investment management firm CF Private Equity is preparing to launch its first blockchain-specific fund, named CF Blockchain Ventures LP, which is a private equity fund. The fund is expected to raise $100 million, but the disclosed figure may only relate to the fund's initial closing, and the company's spokesperson declined to comment.It is reported that CF Blockchain Ventures LP, in seeking financing, has selected Commonfund Securities (a brokerage firm also supported by its parent company) and two banks located in Japan and Chile, respectively. Since 2018, CF Private Equity has completed more than 10 blockchain investments.

ChainCatcher news, Cobo officially launched the institutional-level DeFi investment management platform Cobo Argus V2, with functional optimizations in DeFi strategy bots, team role authorization, risk management, and more. Cobo Argus V2 can provide convenient features such as one-click automatic collection of liquidity mining rewards, and can operate according to user-defined intervals, Gas fee conditions, etc., helping DeFi mining save time and manpower. In the future, Cobo Argus will continue to introduce features like "automatic withdrawal" and "automatic deleveraging."Cobo co-founder and CEO Shen Yu stated that Cobo Argus V2 will bring a seamless investment experience in DeFi for institutional investors, allowing more institutions to enter the DeFi world and further promote the popularization of DeFi. (Source link)

ChainCatcher news, Layer 2 cross-chain computing platform Coinweb has completed a $2 million financing, with licensed fund management company SAVA Investment Management, registered in the Cayman Islands and British Virgin Islands, purchasing 6% of the total supply of CWEB tokens.It is reported that Coinweb is used to run decentralized applications across multiple different blockchains. Coinweb launched the cross-chain tokenization platform LinkMint and the native marketplace DeconX in 2022. Coinweb Labs is responsible for building third-party projects and incubating new projects on the Coinweb protocol. (source link)

ChainCatcher news, the community-driven Web3 investment management platform Presail based in Oslo, Norway, has completed a $150,000 funding round, with participation from Trung Nguyen (CEO), Viet And (CTO), Aleksander Leonard Larsen (COO), and Jeffrey Zirlin (Growth).Previously, according to the crypto data platform RootData, Presail completed a €3.8 million seed round in September last year, led by SNÖ Ventures, with participation from Kraken Ventures, the venture capital arm of Skyfall Ventures, Weekend Fund, as well as angel investors including Avlok Kohli (CEO of AngelList Venture), Jessica Day (Product Director of AngelList Venture), and Aleksander Leonard Larsen (COO of Sky Mavis/Axie Infinity). (source link)

According to ChainCatcher, citing informed sources from Blockworks, crypto investment management company Abra is restructuring its business lines and considering cost-cutting measures as a buffer against the bear market. Informed sources indicate that the actions taken by Abra's senior management include layoffs in the company's sales, trading, and research departments.Additionally, Abra plans to hire a Chief Investment Officer, and the heads of trading, credit, and asset management departments will report to the Chief Investment Officer in the future. The Chief Investment Officer's task will be to provide oversight and determine how to allocate capital to each department.ChainCatcher previously reported that Abra announced a $55 million Series C funding round in September this year, led by IGNIA and Blockchain Capital. This funding will be used to expand the company's product and marketing teams, as well as to further develop products aimed at high-net-worth clients and institutions. (Blockworks)

ChainCatcher news, the non-custodial digital asset investment management platform ML Tech has completed a $1.9 million strategic financing round, with participation from Belvedere Strategic Capital, Hyperithm, and Nascent. ML Tech plans to use the new funds to enhance its infrastructure and for customer acquisition, growth, and marketing. Previously, in August 2021, ML Tech completed a $1.75 million seed round led by West Loop Ventures.It is reported that ML Tech, headquartered in Miami, USA, was founded in May 2020 and primarily provides automated crypto trading strategies for institutional investors, offering complete ownership and control to investors through its separately managed accounts (SMA) approach. As of December 2022, AUM increased from $5 million in June 2022 to $45 million. (source link)

ChainCatcher news, the UK-based investment management platform Sidekick has completed a £3.3 million (approximately $3.82 million) Pre Seed funding round, led by Octopus Ventures, with participation from Seedcamp, Semantic, Grabyo founder Will Neale, Gumtree co-founder Michael Pennington, Tandem Bank co-founder Ricky Knox, Credit Kudos co-founder Freddy Kelly, Azimo co-founder Michael Kent, and Mark Ransford.It is reported that Sidekick aims to help millennials become wealthier by providing access to positive portfolio management, educational tools, and the ability to invest in assets such as cryptocurrencies and private equity. Sidekick charges an annual management fee of 1% on the amount invested in each portfolio, with cryptocurrency potentially being slightly higher. (source link)

According to Chain Catcher news and reported by the Royal Gazette, digital asset alternative investment management company AltFi Capital Management Ltd has announced the acquisition of a Class B Professional Fund license from the Bermuda Monetary Authority and the launch of the Class B Professional Fund AltFi Capital Opportunities, which offers investors an actively managed diversified digital asset portfolio, including liquidity investments and traditional VC investments.The company stated in a release that the new fund will only allow qualified investors to increase their exposure to digital assets in their portfolios. Currently, its legal and regulatory consulting support is provided by Walkers (Bermuda) Limited, and the fund manager is Krypton Fund Services. (source link)