• About Us
  • Privacy Policy
  • Contact Us
Subscribe
Lascena
Advertisement
  • Home
  • Bitcoin
  • Cryptocurrency
    • Altcoin
    • Litecoin
    • Ethereum
  • Blockchain
  • Regulation
  • Market
  • Prices 2021LIVE
  • Videos
No Result
View All Result
  • Home
  • Bitcoin
  • Cryptocurrency
    • Altcoin
    • Litecoin
    • Ethereum
  • Blockchain
  • Regulation
  • Market
  • Prices 2021LIVE
  • Videos
No Result
View All Result
Lascena
No Result
View All Result

One River Digital Buying $1B in Crypto With Hedge Fund Vet’s Blessing

December 16, 2020
in Market
Reading Time: 1min read
One River Digital Buying $1B in Crypto With Hedge Fund Vet’s Blessing


Institutional bitcoin firm One River Digital is barreling toward $1 billion in cryptocurrencies under management with backing from billionaire hedge fund manager Alan Howard, Bloomberg reported Wednesday.

The newcomer, One River Digital, is an offshoot of volatility hedge fund One River Asset Management. It’s already invested $600 million in bitcoin and ether for institutional clients; CEO Eric Peters told Bloomberg that One River Digital’s crypto holdings will cross $1 billion in early 2021.

It will do so with notable ties to the traditional financial world. On Wednesday. Bloomberg also reported that Brevan Howard Asset Management co-founder Alan Howard is taking an ownership stake in One River Digital and helping providing the company with backend trading services.

Fellow British fund shop Ruffer LLP is also an investor in One River Digital. Separately Tuesday, Ruffer revealed it is holding 2.5% of its total assets under management in bitcoin.

Coinbase confirmed earlier reports that it would serve as One River Digital’s initial partner for trade execution and crypto custody.

“Our unified investing experience has the tools sophisticated investors need to execute large and complex trades, complemented by a diverse pool of liquidity,” Brett Tejpaul, Coinbase’s head of institutional trading, told CoinDesk through a spokesperson.



Source link

Facebook0
Twitter0
Linkedin0
Print0
E-mail0
Yahoo Mail0
GMail0
SMS0
Messenger0
Tags: BlessingbuyingCryptoDigitalFundhedgeRiverVets
Next Post
What Is Proof-of-Work? – CoinDesk

What Is Proof-of-Work? - CoinDesk

New to Bitcoin? Stay Safe and Avoid These Common Scams

New to Bitcoin? Stay Safe and Avoid These Common Scams

Don't Miss

BUY AND SELL BITCOIN ON PAYPAL CONFIRMED | ETHEREUM BEAST MODE | Crypto News 2020
Cryptocurrency Videos

BUY AND SELL BITCOIN ON PAYPAL CONFIRMED | ETHEREUM BEAST MODE | Crypto News 2020

by Lascena Cryptocurrency News Education
February 27, 2021
0

Today in crypto, the Paypal rumor about buying and selling Bitcoin was real, Ethereum beast mode, and BTC adoption! 👀...

Read more
XRP Ripple News: PREPARE NOW! This Will Be MASSIVE!!!

XRP Ripple News: PREPARE NOW! This Will Be MASSIVE!!!

February 27, 2021
BREAKING: A Large Amount of the Bitcoin Supply HAS JUST BEEN BOUGHT by MicroStrategy Incorporated!!

BREAKING: A Large Amount of the Bitcoin Supply HAS JUST BEEN BOUGHT by MicroStrategy Incorporated!!

February 27, 2021
How To Mine Nervos CKB | No More GPU Mining – FPGA Mining Tutorial & Staking

How To Mine Nervos CKB | No More GPU Mining – FPGA Mining Tutorial & Staking

February 27, 2021
Cardano Reaches All-Time High, Ahead of Ethereum in Transaction Volume

Cardano Reaches All-Time High, Ahead of Ethereum in Transaction Volume

February 27, 2021

Lascena Cryptocurrency News Education

We have all the latest updated and legitimate information related to Blockchain, Cryptocurrency, latest market rates & trends, prices, new regulations along with every other thing that somehow related to crypto or digital currency market. Our main idea is to provide the kind of news that is original and at the same time, it can prove to be beneficial for our audience.

© 2020 lascena.ca

  • About Us
  • Privacy Policy
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Cryptocurrency
    • Altcoin
    • Litecoin
    • Ethereum
  • Blockchain
  • Regulation
  • Market
  • Prices 2021
  • Videos

© 2020 lascena.ca

  • bitcoinBitcoin(BTC)$47,304.000.67%
  • ethereumEthereum(ETH)$1,495.69-0.66%
  • cardanoCardano(ADA)$1.4112.00%
  • tetherTether(USDT)$1.000.42%
  • Binance CoinBinance Coin(BNB)$227.35-0.31%
  • PolkadotPolkadot(DOT)$34.959.71%
  • rippleXRP(XRP)$0.4475131.97%
  • litecoinLitecoin(LTC)$175.59-0.32%
  • chainlinkChainlink(LINK)$26.621.40%
  • stellarStellar(XLM)$0.45216414.79%