ChainCatcher message, according to the Tether's Q3 2024 attestation report, the total scale of secured loans in its reserves reached $6.72 billion, exceeding the "excess" funds in the reserves, which totaled only $6.1 billion. This means that Tether (USDT) is again partially supported by these secured loans. The report indicates that the secured loans are fully backed by liquid assets and are monitored regularly, measured at amortized cost (the nominal value of short-term secured loans), and any expected credit loss provisions are adjusted in accordance with IFRS 9.However, it is important to note that Tether Group's total "equity" of approximately $14 billion still exceeds the scale of secured loans.

ChainCatcher news, data from the Hong Kong Stock Exchange shows that the total asset management scale of 6 digital asset spot ETFs in Hong Kong is approximately HKD 2.26 billion, among which the total asset management scale of 4 ETFs managed by OSL and Huaxia Fund, and managed by Harvest International is HKD 1.41 billion, accounting for about 62.5%. The other 2 ETFs have a total asset management scale of approximately HKD 850 million, accounting for about 37.5%. Meanwhile, the total asset management scale of 3 Bitcoin spot ETFs is approximately HKD 1.99 billion, accounting for about 88%; the total asset management scale of 3 Ethereum spot ETFs is approximately HKD 270 million, accounting for about 12%.

ChainCatcher news, according to Jinshi reports, recently the Weifang Municipal Bureau of Industry and Information Technology issued "Several Policies for Accelerating the Development of the Metaverse Industry," proposing to establish a metaverse industry fund group with a total scale of no less than 10 billion yuan, focusing on the metaverse industry chain and targeting enterprises at different lifecycle stages, with the first phase scale no less than 2 billion yuan. The funds will be primarily used to invest in and attract "strong chain, supplementary chain, and extended chain" enterprises and projects.State-owned enterprises are encouraged to jointly establish a special fund for the metaverse industry, exploring a direct investment model that combines "equity + debt." They can exit within 5 years at a rate not higher than the bank loan interest rate for the same period, and exit after 5 years in a market-oriented manner. The municipal guiding fund can transfer the value-added income to the contributing state-owned enterprises.

ChainCatcher news, according to official sources, as of May 31, 2024, the total scale of the Huaxia Bitcoin ETF has exceeded 1 billion Hong Kong dollars.

ChainCatcher news, according to openpr, the global digital asset investment group Green Asset Capital has announced the launch of four cryptocurrency funds, focusing on sustainable, early-stage, and growth-stage investments in the fields of fintech, cryptocurrency, blockchain, DeFi, NFT, Web3, and the metaverse, including:"GA Early One" for seed to Series A stage investments, with an investment scale between $500,000 and $10 million; "GA Growth One" for Series A+ stage investments, with an investment scale between $10 million and $50 million; "GA Ventures One" for venture capital, with a maximum investment of $10 million per deal; "GA Leverage One" for company acquisitions, with a maximum transaction size of $100 million.It is reported that Green Asset Capital currently manages 40,000 bitcoins (BTC) and 200,000 ethers (ETH), with a management scale exceeding $1 billion. (source link)