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Home Defi

Xapo Financial institution and Hilbert Group to Launch $200M Bitcoin Hedge Fund

thecryptogoblin by thecryptogoblin
August 27, 2024
in Defi
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Xapo Financial institution and Hilbert Group to Launch $200M Bitcoin Hedge Fund
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Xapo Financial institution and Hilbert Group have introduced a partnership to launch a Bitcoin-denominated hedge fund with an preliminary capital of $200 million

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Xapo Financial institution and Hilbert Group have introduced a partnership to launch a Bitcoin-denominated hedge fund with an preliminary capital of $200 million.

This strategic funding partnership marks a major transfer in institutional adoption of cryptocurrency. The fund goals to leverage Bitcoin’s market potential, and each entities are dedicated to managing and rising this substantial funding.

That is an AI-generated article powered by DeepNewz, curated by The Defiant. For extra info, together with article sources, go to DeepNewz.

Tags: 200MBankBitcoinFundGroupHedgeHilbertLaunchXapo
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