Tevaera intends to use the funds to grow its team and to launch a Layer 3 gaming chain on zkSync, the firm’s co-founder told The Block.
Approximately $9.4 billion in cryptocurrency options are set to expire this Friday on the Deribit derivatives exchange.
Matt Hougan expects lower volatility, increased portfolio allocations and ETF flows, central bank involvement and a $250,000 price target.
Beginning today, New Yorkers can trade SHIB, COMP and AVAX on the Robinhood app.
The firm’s spot bitcoin ETF accounts for 24% of all flows out of 1,000 BlackRock ETFs globally, according to a Bloomberg analyst.
Peter Thiel’s venture capital firm Founders Fund has made a “strategic long-term investment” in crypto accelerator Alliance.