Credit Suisse Leads $65 Million Series B in Digital Asset Firm Taurus
Taurus SA, a Switzerland-based digital asset infrastructure company focused on servicing financial institutions in Europe, raised $65 million in a Series B funding round.
Over $76M Invested in Crypto Funds in Past 7 Days
A total of $76 million was invested in digital asset products during the week of Jan. 30 to Feb., according to a CoinShares report.
Digital Asset Inflows Hit $117M Last Week, Largest in Six Months
Digital-asset products saw inflows totaling $117 million last week, according to the crypto investment firm CoinShares. This marks the largest inflow recorded since July 2022.
January Weekly Crypto Investment Reaches Highest Since July 2022, Says CoinShares Report
Investment in digital assets reached US$117 million in the week ending Jan. 27 — the highest since July 2022 — with nearly all of that going into Bitcoin, according to the Digital Asset Fund Flows report from European cryptocurrency investment firm CoinShares. Total digital assets under management also rose to US$28 billion during the week, a 43% increase from November 2022 lows, according to the report. Bitcoin accounted for nearly all of this investment at US$116 million, but US$4.4 million also flowed into Bitcoin short positions, which the report said shows some investors are hedging their bets. (forkast)
Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment
Digital asset investment products saw a total of $117 million in inflows last week, the largest in six months, according to data from CoinShares.
South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?
The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.
Derivatives Body ISDA Hopes New Digital Asset Norms Will Avoid FTX-Style Losses
New digital asset standards could avoid legal messes such as those faced by collapsed crypto exchange FTX, the International Swaps and Derivatives Association (ISDA) has said.
Coinshares Sees First Inflow of ETH After Two Months; AUM up Most Since 2021
Coinshares saw the first inflows into ethereum in two months as assets under management rose 13% thanks to the recent increase in crypto prices, the largest gain since Oct. 2021.
A Volatility Slumber
The digital asset market has opened the new year...by staying asleep. Realized volatility for the two major assets has fallen to extreme lows.
Digital Asset Investment Products Saw Outflows Totalling US$9.7m
Bitcoin saw minor outflows, totalling US$6.5m, for the 3rd week in a row implying sentiment at the beginning of 2023 remains negative. Over the same period short-bitcoin investment products saw minor inflows of US$1.2m.
