Alternative Investment news

Technicorum Holdings, a digital asset-specialized advisory group, announced the launch of The CanCoin in partnership with Enexis co-founders and managers David Bonnier and Amaury de Poret and other experts. The token aims to solve monetization and market friction in Europe’s cannabis market and to help develop blockchain solutions for the…

It now takes less than 5 minutes to create a custom esports tournament thanks to a cutting-edge platform created by Polygon (MATIC/USD) in partnership with Community Gaming. Payments are preconfigured and tournament organizers don’t need to know how smart contracts or e-wallets work. They can deploy their tournaments onto…

Borderless Capital, a venture capital company focused on growth of the Algorand ecosystem, closed the HNT.Fund for $10 million, Invezz learned from a press release of the company. The fund was conceived with the purpose of mining and staking Helium (HNT/USD), the People’s Network’s native token, which is based on…

Hedge fund giant Marshall Wace is exploring the possibilities of investments in the crypto sector, insiders told the Financial Times. This is in line with the tendency of the growing interest of large asset managers in digital assets according to the report. Fund to invest in stablecoins, digital currency…

WiV Technology, a blockchain-based unique asset trading platform, is drawing increasing attention to non-fungible tokens (NFTs) in DeFi and the wine industry. On Monday, WiV said it raised $1.5 million via the sale of its $WIVA tokens. Notable investors who took part in the capital raise include RedCave Ventures, SuperNatural,…

IBC Group, a private equity firm that focuses on blockchain technology, has closed down all its Bitcoin (BTC/USD) and Ethereum (ETH/USD) mining facilities in China in response to the government’s decision to limit cryptocurrency mining. The company doesn’t appear to be worried and believes this will lead to…

2TM Group, the parent company of Sao Paulo-based Mercado Bitcoin, closed this week a $200 million Series B round, marking the largest of its kind in the continent’s history. The deal values the Latin American cryptocurrency exchange at $2.1 billion, making it the eighth-most valuable unicorn company in all of…

Community Gaming, an esports gaming startup, said in a Thursday press release it completed a seed round for $2.3 million to fund its global expansion. Financing was led by CoinFund, a blockchain-based investment company, and leading crypto organizations such as 1kx, Dapp Labs, Hashed, Animoca Brands, among others. Simple, efficient…

Securitize, Inc. raised $48M from new and current investors, rendering its Series B fundraising round oversubscribed. The Series B fundraising was co-led by asset management and venture capital leaders such as Blockchain Capital, the biggest investor in Securitize, and a number of Morgan Stanley investment funds, the company stated on…

Hedge fund billionaire Bill Ackman setup up the $4 billion special purpose acquisition vehicle (SPAC), Pershing Square Tontine Holdings Ltd (NYSE: PSTH), in July 2020. But after almost a year without a deal, the SPAC announced last week that it will be acquiring a 10% stake in Universal…

The co-founder of Apollo Global Management Inc (NYSE: APO), Josh Harris, will step down from his day-to-day role at the firm, according to a Wall Street Journal story. Harris along with Leon Black and Marc Rowan founded the New York headquartered firm in 1990. Rowan currently serves as…

The market for non-fungible tokens (NFTs) experienced rapid growth in early 2021, both in total value of sales and generation of public interest. What caused the bubble, and has it already burst?  Non-fungible tokens (NFTs) have been around since the mid-2010s but it wasn’t until 2017 that the industry…

Hedge funds have been investing their capital in private companies for some years as they didn’t want to miss out on the profit opportunities with companies remaining private for longer. But now they are further boosting their presence in the private markets. Let’s explore some of the reasons for…

RBC Capital Markets released a revised list of its top picks in the Consumer Staples sector. Constellation Brands, (NYSE: STZ) still remains the highest conviction idea on the list. Constellation Brands, one of the leading producers and marketers of beer, wine, and spirits, has seen its stock gain 9%…

Cash is the most important thing in any new business. The first step is finding it; the next is knowing how to spend it wisely. This article cuts through the noise to pick out the most important things for any small business to spend money on. Whether you’re starting out…

Starting a small business over the summer is a great way for kids to learn about the world of work and develop an entrepreneurial spirit. Whether it’s babysitting, washing cars, or setting up a lemonade stand, it can teach them the value of money and how to work around problems. …

If you have been following the financial markets in the last week, you will have noticed that hedge funds have been all over the news. In this article, we will break down what they are, how they work, how this affects you, and why they have been all over the…

Melvin Capital, the hedge fund made famous through its bet against GameStop Corp. (NYSE: GME) lost more than half of its funds in January, according to The Wall Street Journal From $12.5 billion to $8 billion Melvin Capital, the hedge fund started by Gabe Plotkin, entered 2021 with $12.5…

The epic battle playing out in GameStop Corp.’s (NYSE: GME) stock isn’t the David versus Goliath battle some in the media play it out to be. In fact, hedge funds are far from the “all-powerful predators” that make a killing shorting stocks to zero, according to CNBC’s Michael Santoli.

As part of the platform’s planned expansion in 2021, Invezz has recently undergone a complete redesign of its website, invezz.com.  The new site has been tailor-made to help users make better investment decisions when navigating the world of personal finance, supporting them when buying stocks, cryptocurrency and commodities. Invezz…

Ethereum is the biggest development platform in the crypto industry, but its inability to scale and meet demand is beginning to take its toll. Due to the growing fees, the TRON blockchain has become a much more popular network — useful not only for buying TRX, but also for small…

Global alternative investment management firm Apollo Global Management Inc (NYSE: APO) reported Thursday morning third quarter results and CEO Leon Black publicly set the record straight on his relationship with the late financier Jeffrey Epstein. Q3 results Apollo, a publicly-traded entity, said that its total assets under management rose…