Hedge fund manager Alan Howard invests in two crypto startups

Back in 2014, one of the most popular hedge funds decided to invest in Bitcoin. The fund is now known as the Bitwise Managed Futures Strategy. The fund currently holds a stake of over $2 million in both IOTA and Cardano. (source: blog.bitquick)

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 A well-known fund manager from the UK called Alan Howard is making headlines right now, but it’s not for the right reasons. I was reading his story in the news and was shocked at how many people have been taken advantage of by the man. I’m a big fan of his and have always liked his work, but I’m not about to look the other way.

For those of you who are aware of Alan Howard, he is one of the stars of the popular FX series “The League”. He has been investing in startups for many years and recently ventured into the digital currency world. One of the companies he purchased is Binance, the cryptocurrency trading portal, and he is also an early investor in BitLox, a private Ethereum blockchain that allows users to buy and sell Ethereum and other cryptocurrencies from within their browser.

Hedge fund manager and billionaire Alan Howard continues to support the cryptocurrency sector by investing in two new digital asset startups. The co-founder of major asset manager Brevan Howard has led the collection of a $25 million expansion fund for London-based crypto services company Copper.co. The company announced Friday that the new investment follows a $50 million Series B funding round led by Dawn Capital and Target Global, among others. This additional funding will strengthen Copper’s expertise in enabling traditional financial services companies to take advantage of blockchain and cryptocurrency technology. The company noted that the additional funding is a sign of the traditional financial sector’s growing interest in cryptocurrencies. After raising $50 million in Series B, Alan Howard of Brevan Howard invested $25 million in Copper. This additional funding is a sign of the growing interest in crypto assets among the traditional financial sector. Full article: https://t.co/HCdp0uJ1wm pic.twitter.com/JzY4zyU17d – Copper (@CopperHQ) 11. June 2021 The investment in Copper follows another $12 million in funding for Asian crypto-currency investment platform Kikitrade, Howard announced Thursday. The startup plans to use the new capital to expand its operations and compliance in Australia, Hong Kong, Taiwan and Southeast Asia. Related: Berkshire Hathaway invests $500 million in Brazilian digital bank Howard has already invested in major cryptocurrency companies such as European digital asset manager CoinShares, blockchain and software development company Block.one and institutional cryptocurrency trading platform Elwood. Howard also owns 25 percent of One River Digital Asset Management, a US hedge fund that bought $600 million worth of bitcoin (BTC) and Ether (ETH) last year. Earlier this year, Howard led a $25 million funding round for Komainu, a digital asset storage provider founded by world bank Nomura in partnership with Ledger and CoinShares, a holding company for cryptocurrencies.The crypto bear market is over, but that doesn’t mean you should sell everything and forget about it. For one thing, we’ve seen the top of the current bear market and the cryptocurrency space has a lot of potential to grow in the future. In addition, there are plenty of alternative investment opportunities that will continue to thrive (and provide a better return) even as the traditional markets continue to dip. One such alternative investment opportunity is crypto, which has a growing number of hedge funds and investment firms interested in getting in.. Read more about alan howard net worth and let us know what you think.

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