hedge funds


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Crypto Hedge Funds’ Average AUM Grew Three Times in Q1

The average assets under management (AUM) of global cryptocurrency hedge funds increased three-fold in the first quarter of 2019, new research from PwC and Elwood indicates.

PwC

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Emberfund Turns Your Phone Into a Crypto Hedge Fund

Emberfund is a new mobile app that lets anyone buy into an index of cryptocurrencies that automatically balances itself over time.

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Numerai to Cut Token Supply by 10 Million to Become 'Decentralized as F*ck'

Numerai, a next-gen hedge fund, plans to decentralize its platform by destroying the keys to the smart contract controlling its token supply.

shutterstock_1160946556

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Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.

northerntrust

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Hedge Fund Billionaire Steven Cohen Is Getting into Crypto

Billionaire Steven Cohen, once dubbed the "Hedge Fund King," has reportedly invested in a crypto hedge fund.

dollars

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Bank of America Is Closing My Three-Year-Old's Account Over Crypto

My daughter is 3 years old. Bank of America is closing her account because of her “risk profile” and a highly indirect “connection” to cryptocurrency.

Credit: Shutterstock

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Report: 9 Cryptocurrency Hedge Funds Have Closed in 2018

Bloomberg reported Monday that nine cryptocurrency hedge funds have shut down in the first quarter of 2018.

stockdrop

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Wall Street Vets Raise $50 Million for Crypto Fund of Funds

Sia Nader's Cryptolux, a cryptocurrency fund-of-funds, aims to take advantage of lessons he drew in the 2008 crash – including the value of humility.

Sina Nader

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Buying Bitcoin? Hedge Funds Will Use Blockchain, Too

The future of tokenized monies calls for a tokenized investment fund. The road there is being paved, but it's not so cut and dry.

calculator, vintage

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Morgan Stanley: Hedge Funds Poured $2 Billion into Cryptos in 2017

Banking giant Morgan Stanley has estimated that hedge funds invested $2 billion in cryptocurrencies this year.

Morgan Stanley (Shutterstock)

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