Hedge funds are alternative investments using pooled funds that employ numerous different strategies to earn an active return, or alpha, for their investors. Hedge funds may be aggressively managed or make use of derivatives and leverage in both domestic and international markets. With the goal of generating high returns (either in an absolute sense or […]
Berkshire Hathaway Invests 600 Million Dollars In Two Fintech Payment Firms. Berkshire Hathaway is a multinational conglomerate holding company. American business magnate, investor, speaker, and philanthropist Warren Buffett found this company. He invested nearly $600 million in two fintech payment firms focused on emerging markets: Paytm and StoneCo. However, the Wall Street Journal (WSJ) on Oct 29 […]
Binance invests $2.5m in TravelbyBit-Binance, the largest cryptocurrency exchange by trade volume has invested in an Australian cryptocurrency startup, TravelbyBit. The exchange has invested $2.5 million in the startup. Binance became the fastest company ever to hit a valuation of USD$1 billion and 10 million users around the world. Where to start? When asked about the […]
Ethereum co-founder Invests $6.5 Million. Joseph Lubin and Founder and CEO of ConsenSys has announced a partnership founded by several senior-level executives from R3, one of the ethereum blockchain’s most heavily funded competitors. Subsequently, Lubin has invested US$6.5-million as part of the partnership. Funding raised by a blockchain-based financial technology (fintech) startup DrumG Technologies, an […]
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