Crypto Biz: Bidding war for SVB Capital, new crypto funds and private blockchain from Citi

This weeks Cryptocurrency Business explore SVB Capital offers, new funds Since Blockchain Capital, THE Hut 8-United States Bitcoin merger And Citigroup private blockchain.

Newsletter Join We on social networks

THE adventure capital industry appears has be gear up For wallet rebalancing In 2024, with investors positioning themselves has increase exposure has digital assets In THE following bull walk. Blockchain Capital, For example, farm two new funds This week, with $580 million In capital has be deployed In crypto game And decentralized finance projects.

Likewise, BridgeSky Capital, Atlas Merchant Capital And Vector Capital are among THE final bidders has acquire SVB Capital, THE adventure arm of THE collapsed Silicon Valley Bank. SVB Capital East would have A funder of other major adventure capital companies In THE crypto space, including Sequoia And Andreessen Horowitz.

In the meantime, Based on Bitcoin investment some products Since General public financial giants are become more popular. Japan the biggest investment bank, Nomura, spear through It is subsidiary company, Laser Digital, A new Bitcoin (BTC) funds For institutional investors look has answer has THE request For Bitcoin exhibition.

A growth number of new arrivals are Also attract funds. Web3 to start up Bastion disclosed $25 million In A seed round has bridge Web3 Infrastructure In business technology. THE round was directed by Andreessen Horowitz, Laser Digital Businesses (Nomura crypto adventure arm), Robot Companies, Aptos Businesses And Alchemy Businesses.

This weeks Cryptocurrency Business explore SVB Capital offers, new funds Since Blockchain Capital, THE Hut 8-United States Bitcoin merger And Citigroup private blockchain.

Scaramucci led bid ...