Manager

Bitmain Appoints New Legal Representative and General Manager

Bitmain Appoints New Legal Representative and General Manager

Crypto mining rig maker Bitmain appointed Zhou Feng as its legal representative and general manager, the company said in a WeChat post. Zhou was a key deputy to Bitmain co-founder Zhan during a battle for control of the world’s biggest crypto mining machine manufacturer between Zhan and co-founder Wu Jihan. Zhan will continue to serve …

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Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Cryptocurrency seized by U.K. police during investigations will now be securely stored by digital asset manager Komainu. Under a new framework service agreement with the Derbyshire Constabulary on behalf of the National Police Chiefs Council (NPCC) Cybercrime Programme, Komainu will be responsible for providing a more “robust” means to store cryptocurrencies seized during investigations across …

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Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new trust, with a maximum …

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$166B Asset Manager Renaissance Eyes Bitcoin Futures for Flagship Fund

$166B Asset Manager Renaissance Eyes Bitcoin Futures for Flagship Fund

Renaissance Technologies’ market-crushing Medallion fund is considering jumping into bitcoin futures, recent regulatory filings show. The quantitative analysis-heavy firm has “permitted” the Medallion fund to enter the Chicago Mercantile Exchange’s (CME) cash-settled bitcoin futures market, according to the March 30-dated Form ADV investor brochure.  Renaissance, which had nearly $166 billion in regulatory assets under management …

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