Bain Capital on Track to Launch New Crypto Investment Fund
The new crypto fund will help Bain Capital boycott needless stress, and still attract investors who wish to gain exposure to the digital currency world.
On Friday, the most discussed cryptocurrency started soaring again and set a new 2015 high for its value.Bitcoin price broke past the $320 level.
The new crypto fund will help Bain Capital boycott needless stress, and still attract investors who wish to gain exposure to the digital currency world.
Coinbase Custody has stated that it will add support for the newly announced Compound Governance protocols which aims at moving towards a decentralized finance model.
Compound Finance said that it will be using the new funds to further “decentralize” its automated protocol while expanding its services and making them accessible to ordinary people.
Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.
Along with Coinbase there were eight participants in this $8.2 million seed-funding round.
Basis’ Stable Coin is believed to help curb volatility by adjusting the supply depending on the demand while keeping the value of each token around one USD.
On Friday, the most discussed cryptocurrency started soaring again and set a new 2015 high for its value.Bitcoin price broke past the $320 level.