New Era

Cryptocurrency

Bitcoin

Blockchain Asset Management founder, Rahaman Kargar has <a href="https://www.globenewswire.com/news-release/2024/05/03/2875375/0/en/Blockchain-Asset-Management-LLC-Launches-Exclusive-Blockchain-Fund-for-Accredited-Investors.html" target="_blank" rel="noopener">announced</a> that his company is only launching a new $100 million blockchain fund for accredited investors. The new fund aims to draw investors into the rapidly expanding Bitcoin market. 
To join, investors need an annual income over $200,000 or a net worth above $1 million. The fund’s timing coincides with the <a href="https://www.cryptotimes.io/2024/04/26/bitcoin-halving-unlikely-to-impact-price-for-18-months-kaiko/">Bitcoin halving event</a>, which is expected to increase Bitcoin’s value by reducing inflation. 
The fund began operations in February this year after a long operational phase that included building a reliable operational foundation and creating a risk mitigation and return optimization strategy. Indeed, Blockchain Asset Management LLC has already raised considerable capital and attracted its first group of investors with a minimum deposit of $100,000 per capita. 
Kargar expressed hope in the upcoming unveiling of the sovereign fund. He stressed that the well-managed portfolio was prepared to face obstacles from the blockchain and cryptocurrency worlds. To guarantee the optimum long-term risk-adjusted return, the fund distributes its investment over a risk/return portfolio. 
The fund’s general partner, Mr. Mark Palombo, stated that it wants to increase accessibility and democracy to cryptocurrency investing. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also read: <a href="https://www.cryptotimes.io/2024/04/06/automated-cryptocurrency-investing/">Automated Cryptocurrency Investing: The Dawn of a New Era in Finance</a> 
</blockquote>

Blockchain Asset Management Unveils $100M Crypto Fund for Accredited Investors

The Crypto Times

Các bài viết khác được xuất bản trên 3 thg 5, 2024

The Rise of DeFi Lending: How ZeroLend is Transforming the space

Crypto Scam: User Loses $68M In Address Poisoning Scheme

'Rich Dad Poor Dad' Author Robert Kiyosaki Unveils His Bitcoin Strategy Amid Market Crash: 'The B...

$475 Million Project Reveals Airdrop Details: Key Insights for Crypto Investors (BTC, ETH)

New Cryptocurrency Releases, Listings, & Presales Today – Dump.trade, Zentry, Cosmic Network

Bitcoin ETFs Witness Decrease in Daily Outflows: Total Hits $34 Million

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!