funding

Business
Finance

US Pension Funds Invest $40M into Morgan Creek Digital’s Crypto Venture Fund

Bloomberg reports today that Morgan Creek Digital has secured what is likely the first cryptoasset investment backed by a US pension fund, to the tune of $40 million USD. In fact, two pension funds have signed up in Fairfax Country (Virginia). Other investors at this stage include: an insurance company, a university endowment and a […]

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Business
Finance

Nasdaq Invests $20M in Blockchain Startup Symbiont

Forbes has revealed exclusively that Nasdaq has invested $20 million in Series B funding of Symbiont. Symbiont are a startup blockchain company focusing on institutional adoption of blockchain technology. The investment is the largest Nasdaq has made to date, in the enterprise blockchain industry. Other investors in the Series B round included Citi Ventures, Galaxy […]

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