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

Altszn.com by Altszn.com
May 25, 2023
in Bitcoin
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Metalpha Secures $5M from Bitcoin Rig Manufacturer Bitmain for Grayscale-Based Fund
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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.



Read More: www.coindesk.com

Tags: BitcoinBitmainBTCFundGrayscaleBasedmanufacturerMetalphaRigSecures
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