01.05.2017 Opalesque Roundup: More hedge funds enter digital currencies sector: hedge fund news, week 18
In the week ending 28 April, 2017, Alphabit has announced plans to raise $300m for its newly launched global fund that invests in digital currencies on the back of growing demand for virtual assets that allow for instant, borderless transactions. The market capitalisation of digital currencies has surged more than 60% so far this year, and nearly 260% over the past 12 months, to nearly $30billio
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