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Jim Pallotta’s Family Office Anchors $200M Blockchain Bet
Yahoo Finance· 2025-10-06 15:20
Core Insights - The family office of Jim Pallotta is increasing investments in decentralized finance as private investment firms for ultra-wealthy individuals enhance their digital asset portfolios [1][4] Group 1: Investment Activities - Pallotta's Raptor Group is a significant investor in a new fund focused on blockchain and new technologies, aiming to raise $200 million from family offices and institutional investors [2] - The first fund of Raptor Digital, which closed in 2023, raised $60 million and included investments from Abu Dhabi's Mubadala [3] - Other notable investors, such as Stanley Druckenmiller's family office, are also showing interest in blockchain-related investments, indicating a broader trend among wealthy investors [5] Group 2: Market Trends - A Goldman Sachs survey revealed that about one-third of global family offices are now invested in cryptocurrencies, a significant increase from 2021 [6] - There has been a surge in funding for companies within the Web3 ecosystem, which is built on blockchain technology and cryptocurrencies [6] Group 3: Company Background - Raptor Digital, previously known as RW3 Ventures, was founded in 2021 and has a diverse portfolio that includes over three dozen companies, such as AI chip developer Cornami [6] - Jim Pallotta has a notable background, having managed a $12 billion portfolio at Tudor Investment Corp. and previously co-owned the Boston Celtics [7]
Pallotta Family Office Expands DeFi Investment Bets
Wealth Management· 2025-10-06 15:20
Core Insights - The family office of Jim Pallotta is increasing investments in decentralized finance, reflecting a broader trend among private investment firms targeting digital assets [1][3] - Raptor Digital is aiming to raise $200 million for its second fund, following the success of its first $60 million fund that closed in 2023 [2][4] - A significant portion of family offices are now investing in cryptocurrencies, with a Goldman Sachs survey indicating that about one-third are involved, a notable increase from 2021 [4] Company Developments - Raptor Digital, previously known as RW3 Ventures, focuses on blockchain and artificial intelligence investments, and has a diverse portfolio including over three dozen companies [3][4] - The firm is backed by notable figures in finance, including Pallotta, who previously managed a $12 billion portfolio at Tudor Investment Corp. [5] Industry Trends - There is a growing interest in decentralized finance among U.S. finance veterans and European families, indicating a maturation of the sector after years of volatility [3] - Funding for companies in the Web3 ecosystem has surged, highlighting increased investor confidence in blockchain and crypto-related ventures [4]
X @Cointelegraph
Cointelegraph· 2025-10-06 15:15
💼 INSIGHT: Devs, execs, and founders are making bank as Web3 jobs take off in 2025.Would you jump into a crypto career? https://t.co/g6Ikjcz2s3 ...
China Financial Leasing to Raise $11M for Crypto and AI Investment Platform
Yahoo Finance· 2025-10-06 14:34
Core Insights - China Financial Leasing Group plans to raise HK$86.7 million ($11.1 million) through a strategic share placement to launch a digital asset investment platform focused on cryptocurrency and artificial intelligence [1][4][8] Group 1: Capital Raise Details - The firm will issue 69.38 million new shares to Innoval Capital at HK$1.25 per share, representing 20% of the current share capital and 16.7% of the expanded base post-placement [3][4] - The capital raised will fund the creation of a Crypto-AI investment platform that will support various digital asset ventures, including exchanges, stablecoins, Bitcoin (BTC), Ethereum (ETH), real-world assets (RWA), NFTs, DeFi, and decentralized physical infrastructure (DePIN) [4][8] Group 2: Strategic Alignment and Market Reaction - This initiative aligns with the Hong Kong government's policy push to establish the city as a global crypto hub by June 2024 [5][8] - Following the announcement, shares of China Financial Leasing surged by 25%, with a market capitalization of approximately HK$555 million ($71.3 million) [6][8] Group 3: Industry Context - The move reflects a growing interest among Hong Kong-listed firms to leverage regulatory support for Web3 initiatives [6][8] - However, there are concerns in the industry, as China's securities regulator has informally instructed brokerages to pause RWA tokenization efforts in Hong Kong due to risk management and speculation concerns [7]
X @BNB Chain
BNB Chain· 2025-10-06 13:04
We’re excited to announce that we’ve integrated the @chainlink data standard to bring official U.S. economic data onchain.By providing developers on BNB Chain with reliable, real-time economic inputs, this integration opens the door for innovative onchain applications and strengthens the bridge between traditional markets and the Web3 ecosystem.Read more from Chainlink 👇Chainlink (@chainlink):BNB Chain (@BNBCHAIN), one of the world’s largest blockchain ecosystems, backed by an active, global community of de ...
X @wale.moca 🐳
wale.moca 🐳· 2025-10-06 12:14
Last week, I had Alex from Wolfswap as a guest on my stream.Wolfswap is one of the leading protocols on Cronos.We talked a little bit about how they started with just $5k USD back in the day, how they built Wolfswap into what it is today, and about their upcoming Wolfies mint on Cronos tomorrow (I'm on the WL).It was a great conversation, and in this clip he shared his philosophy on building products in Web3 with me, which I found really inspiring ...
Silo Pharma Acquires ResearchCoin (RSC) Crypto Tokens in Support of Decentralized Science (DeSci)
Globenewswire· 2025-10-06 12:10
Company Overview - Silo Pharma, Inc. is a diversified developmental-stage biopharmaceutical and cryptocurrency treasury company focused on addressing underserved conditions such as stress-induced psychiatric disorders, chronic pain, and central nervous system diseases [4] - The company's portfolio includes innovative programs targeting PTSD, fibromyalgia, chronic pain, Alzheimer's disease, and multiple sclerosis, developed in collaboration with leading universities and laboratories [4] Investment in DeSci - Silo Pharma has made an initial purchase of ResearchCoin (RSC), the native token of ResearchHub, as part of its strategy to expand its digital assets treasury and capture long-term value from emerging multi-chain opportunities [1][2] - The investment in RSC aligns with the growing decentralized science (DeSci) movement, which emphasizes the use of blockchain technologies and token-based economics to modernize scientific research and collaboration [2] DeSci Movement - DeSci represents a transformative growth opportunity in the scientific research sector, with the potential to unlock a trillion-dollar global research economy currently tied up in grants, universities, and pharmaceutical pipelines [3] - By tokenizing research funding and intellectual property, DeSci can create profit opportunities years before traditional biotech exits, allowing investors to capture upside earlier and access new growth avenues in the biotech sector [3]
X @Cointelegraph
Cointelegraph· 2025-10-06 12:01
Online+ brings real utility to Web3:• On-chain profiles• Encrypted messaging• Integrated wallet• Curated, user-first feed• Built-in creator rewardsExplore what’s possible. All in one app.📲 Dive in now → https://t.co/jKah5IiBof[Brought to you by @ice_blockchain] ...
Connexa Sports Technologies Inc. is Renamed “AiRWA Inc.” and Announces $100 Million Confirmed Investment into AiRWA Exchange
Globenewswire· 2025-10-06 12:00
Core Developments - Connexa Sports Technologies Inc. is transitioning to AiRWA Inc. to emphasize its focus on blockchain technology and the AiRWA Exchange [2][5] - The AiRWA Exchange aims to facilitate the tokenization and trading of real-world assets (RWA) and has secured $500 million in funding, with $100 million committed by JuCoin [1][5] - A partnership with Inca Digital will enhance the exchange's security and compliance through advanced monitoring and threat detection tools [1] Strategic Partnerships - AiRWA Exchange will prioritize Solana as its primary blockchain infrastructure, supported by an initial contribution of $30 million in Solana tokens from JuCoin [3][5] - The collaboration with JuCoin and Solana is seen as a long-term partnership aimed at driving innovation in digital finance [4] Vision and Future Outlook - The establishment of AiRWA Exchange represents a strategic shift towards creating a next-generation financial ecosystem [3] - The company believes in the decentralized future of finance, positioning AiRWA Exchange at the forefront of this transformation [4]
X @Bitget
Bitget· 2025-10-06 11:40
We’re heading to Wrocław! 🇵🇱Catch Bitget live at @CryptoSpherePL on 🗓️ October 11 — bringing Web3 energy to Poland’s crypto scene!Let’s connect, build, and vibe together. 🤝#EventwithBitget https://t.co/e3vLAzJAhF ...