investments

Crypto-linked companies see significant stock gains in past year, with Voyager leading the pack

Carl Icahn hints at investments in the crypto space, says ‘I’m looking at the whole business’

Billionaire investor Carl Icahn is eyeing the crypto space, according to a Wednesday interview, though he appeared to demur on the idea of making direct purchases in the immediate future. Icahn cited both bitcoin and Ethereum in an interview with Bloomberg, remarking that “While I don’t now own cryptocurrency but I think there could be …

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Huobi launches DeFi incubator, sets aside ‘tens of millions of dollars’ for investments

Huobi launches DeFi incubator, sets aside ‘tens of millions of dollars’ for investments

Huobi Group has announced the launch of Huobi DeFi Labs, a research and incubation platform focused on decentralized finance applications and projects. According to the announcement, Huobi’s DeFi-centric arm will focus on research, investments and the incubation of DeFi initiatives. Huobi Group itself will “allocate tens of millions of dollars to an initial investment fund, which …

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Mapping out Xpring’s digital asset ecosystem investments

Mapping out Xpring’s digital asset ecosystem investments

Quick Take While investing is not Xpring’s core business focus, it has invested at least $500 million across 27 investments Notable investments include an allocation of $100 million to Forte for a blockchain gaming fund and investment in areas involving Open Finance Xpring made a total of 18 investments in 2019, its deal involvement has …

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