Coinbase, a global cryptocurrency exchange platform, has witnessed unprecedented growth in the institutional market in the first quarter of 2021. Since 31 December 2020, the platform’s institutional holdings have grown by 170 per cent, from USD45 billion at the end
TotemFi, the decentralised finance (DeFi) prediction markets platform for the crypto community, recently launched its TOTM token cryptocurrency, which achieved a 12,117.3 per cent price increase to USD27.489 from its initial listing price of USD0.225. It’s currently trading at around
Hurricane Capital Advisors (Hurricane Capital), a global alternative investment management platform, has launched its operations with SS&C Technologies’ front-to-back office solution. SS&C will provide fund administration, customised middle-office solutions, FIX connectivity, hosting and state-of-the-art order and execution management systems.
New Hyde Park Alternative Funds (New Hyde Park) has appointed Marc Lorin as Chief Investment Officer (CIO). New Hyde Park is the sponsor of the Galaxy Plus and Galaxy Plus Hedge managed account platforms, and Galaxy Plus DMA, a dedicated
Digital asset investment products saw outflows totalling USD94m last week, according to the latest Digital Asset Fund Flows report from CoinShares. Despite the new outflows CoinShares believes the latest figures imply an early turn in sentiment since May, where most
The SS&C GlobeOp Forward Redemption Indicator for June 2020 measured 4.24 per cent, up from 4.00 per cent in May. “SS&C GlobeOp’s Forward Redemption Indicator for June 2020 of 4.24 per cent was closely in line with historical averages for the
Argentium Digital Asset Management, a London-based cryptocurrency hedge fund founded by ex-JP Morgan and Credit Suisse manager Paul Frost-Smith, has committed to a carbon-neutral investment approach. The fund’s blockchain activity will be independently assessed annually for carbon impact, with Argentium pledging to purchase
The Supervisory Board of the European Energy Exchange AG (EEX) confirmed Jens Rick as a member of the Management Board in its meeting on 14 April and extended his mandate for another five years until 31 January 2027. Rick has
The third annual research report into the global Crypto Hedge Fund space, commissioned by PwC and Elwood Asset Management, has seen Gibraltar secure its place as the third preferred jurisdiction for the domiciliation of hedge funds, behind the Cayman Islands
Tether, the blockchain-enabled platform behind the largest stablecoin by market capitalisation, and Compound, a decentralised lending market, are spearheading growth in the nascent decentralised finance (DeFi) space as USDt volume on the platform has surged above USD100 million.
