Two good news for click of an institutional go crypto

in #busypay6 years ago

It has a value of approximately US $ 12 billion, which is considering investing in Andrews Horowitz's crypto fund a16z and its second, Eurex; this has two positive news for crypto, which came before the University of Michigan. However its new amount has not been disclosed. The agenda of these meetings further states that this crypto network is more visible and sharply defined than being undefined for transit related problems, the University of Michigan has already invested in a16z fund.

It is in accordance with the agenda of the board of Regents meeting in a joint meeting of the University's USD 3 million USD for Horizon's USD 300 million crypto funds in June 2018 and is to add more. This is a derivative exchange operated by Deutsche Borse of Germany. Is preparing to launch several new futures contracts related to cryptocurrencies.

It is expected to build Andreas Horowitz, a separate fund that it will be better than having a better position within the community that it will continue to invest through its general IT funds. Due to the need of a separate thematic fund, cryptocurrencies can be considered as a different type of technology by entrepreneurs, funding sources and developers at present.


PIC-SOURCE

According to Chris Dickson, he is a general partner at Andresen Horowitz. It will be able to invest 10 years and regardless of the coin regardless of the prices. It will invest in crypto companies and protocols. This Andreessen Horowitz launched a $ 300 million fund focused on the crypto back in June 2018.

This is as stated in October 2018, David Swensen, the chief investment officer of Yale University, has reportedly invested two crypt-focused enterprises in A16Z and Paradigm funds. In addition, a study by Yale University shows that cryptocurrencies can generate more risk-adjusted returns than its shares and other assets are considered traditionally safe.

This University of Michigan is not the only university that has invested in a16z. In this separate news today, the announcement of its plans to launch futures around Derivative Exchange Eurex, Bitcoin, Ethereum and XRP. Meanwhile, a consultant for the pension and endowment, Cambridge Associates, believes that institutional investors should see more in cryptocurrencies.


PIC-SOURCE

According to a research note published on Monday, the advisor believes that although these investments have a high degree of risk, which can increase the digital world to some degree. At the same time, many new enterprises, including its frequent delayed buckets, are aiming to launch a market for physically distributed crypto futures for sometime this year. This firm will follow many American-based exchange-operators, including CME and Kobe Global Markets.

Both of them were launched in December 2017 in the futures market. This Deutsche Borse spokesman told German-based publication Wirtschaftswoche in December 2017. They are thinking about futures, with which they are private investors. These institutional investors can protect existing investments in bitcoin or set for falling prices of cyber money.

In the recent weeks of the exchange, there has been a meeting with the market-making companies about the products, these block reports have cited the people familiar with the matter. This firm has also seen crypto space since 2017, when CNBC reported that the officials were searching for crypto futures.

SOURCE

Coin Marketplace

STEEM 0.21
TRX 0.21
JST 0.035
BTC 91680.24
ETH 3137.17
USDT 1.00
SBD 3.00