Founders Fund, the VC firm co-founded by Peter Thiel, cashed out nearly $1.8 billion from an 8-year long bitcoin bet. The sale came a month before the crypto market crashed in May last year.
Hong Kong-based HashKey Capital has raised $500 million for its third crypto fund. The capital will be deployed to promote blockchain adoption around the world.
Summary: A new SEC filing revealed a $500 million crypto fund dubbed DBA Crypto Fund I LP. Top executives from...