Bloomberg

London-based hedge fund Prime Factor Capital has become the first cryptocurrency investment firm to be approved by the UK Financial Supervision Authority, Bloomberg reports. The company will be regulated by the British financial regulator as a full-fledged manager of an alternative investment fund, and will also be subject to the laws of the European Union. Thus, Prime Factor Capital will be able to hold assets of more than 100 million euros under management. "We […]

Bitcoin and other cryptocurrencies continue to attract large and experienced investors. Another evidence of this was the news that 75-year-old billionaire Henry Kravis became an investor in the cryptocurrency fund of ParaFi Capital, reports Bloomberg. Henry Kravis is a co-founder of the global investment firm Kohlberg Kravis Roberts & Co, whose capitalization as of October 2017 was $ 16.5 billion. Personal […]