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Home Blockchain

Metalpha Secures $5M from Bitcoin Rig Manufacturer Bitmain for Grayscale-Based Fund

by Press Release
May 26, 2023
in Blockchain
0
Hong Kong’s Financial Secretary Declares Now Is the ‘Right Time’ for Web3 Adoption



Metalpha is looking to raise $100 million for the Next Generation Fund I, which it has formed in partnership with NextGen Digital Venture Limited. As of the end of March, Metalpha has raised $20 million towards that goal. The fund invests in Grayscale products through structured derivatives, granting access to mainstays of digital asset portfolios in a way that is compliant with U.S. and Hong Kong laws.



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Tags: BitcoinBitmainFundGrayscaleBasedManufacturerMetalphaRigSecures
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