Genesis Daily

Jul 16, 2019

Grayscale Bitcoin Trust (GBTC), a closed-end fund that invests exclusively in bitcoin, serves as perhaps the best indicator of institutional investment in bitcoin. In Q1 2019, institutional investors composed 73% of total demand for Grayscale products; trailed by retirement accounts (16%) and family offices (10%). GBTC’s assets under management (AUM), in this case the value […]

While 2018 saw a flurry of growth in both the frequency of total deals (~170%) and total capital raised (~400%), so far through 2019 (1H19) funding into the space has softened across various investment categories (Corporate/M&A, Venture, P/E, and IPOs), and even more visibly within later venture deals (Series B/and beyond) and M&A activity. 

Passive active management The open finance decentralized call-it-what-you-will finance movement has made impressive strides in the past 12 months. Keen users – there are dozens of us! – will find a variety of products at each level of the financial services stack. Prefer fixed rate lending to variable rate? No problem – use Dharma, or […]

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