"The Bitria acquisition positions Gemini as the first end-to-end technology platform empowering wealth and asset managers to meet rising demand among their clients for accessing and managing a full range of crypto investments," Dave Abner, Gemini’s global head of business development, said in the statement. Source link … [Read more...] about Gemini Acquires Crypto Asset Management Platform Bitria; Terms Undisclosed
Management
Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
AUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. The AUM of its second-biggest holding, the Grayscale Ethereum Trust, declined from almost $15 billion to $11.6 billion, a 22% drop. Source link … [Read more...] about Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
Power Management Firm Lancium Signs $2.4B Data Center Development Deal
The construction of the data center, which will focus on bitcoin mining and other energy-intensive applications, will start in the first quarter of 2022.Dec 21, 2021 at 11:00 p.m. UTCUpdated Dec 21, 2021 at 11:02 p.m. UTCCrypto mining machines (Christinne Muschi/Bloomberg via Getty Images) Source link … [Read more...] about Power Management Firm Lancium Signs $2.4B Data Center Development Deal
Kelly Strategic Management files for Ethereum futures ETF
Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts.The move comes just three months after VanEck and ProShares suddenly withdrew their ETH futures ETF applications on the same day in August. According to a Nov. 29 filing with the U.S. Securities and Exchange Commission (SEC), … [Read more...] about Kelly Strategic Management files for Ethereum futures ETF
Crypto Mining Power Management Firm Lancium Raises $150M
Lancium, the Houston, Texas- based data center power management firm, has raised $150 million in financing led by clean energy provider Hanwha Solutions, according to a press release.The company said Novawulf was among other strategic energy investors, while other existing, early stage investors such as SBI Holdings also participated in the financing.“We have an ambitious … [Read more...] about Crypto Mining Power Management Firm Lancium Raises $150M