HashKey Capital raised $250 million for new blockchain fund that targets $500 million

HashKey Capital, a subsidiary of HashKey Holdings, said it closed the first round of fundraising for its fourth crypto fund, locking in $250 million from a mix of institutional investors, family offices and high-net-worth individuals. The fund, HashKey Fintech Multi-Strategy Fund IV, is targeting a final close of $500 million. It will invest in both…

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There is a fund to create jobs in the poorest areas, and Labour has quietly gutted it. This is what betrayal looks like | Larry Elliott

The Welsh valleys have some of the highest numbers of people claiming incapacity benefits in the whole of Britain. In Abertillery, Maesteg and Merthyr Tydfil, getting on for a quarter of the working-age population is not employed – in large part due to long-term ill-health. If the government was serious about reducing the growing welfare…

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Bitcoin Fund Lets Save the Children ‘Maximize the Impact’ of Aid

Save the Children has expanded its offering for accepting cryptocurrency donations with the introduction of its Bitcoin Fund. Developed with digital asset firm Fortris, the initiative allows the organization to hold bitcoin BTC$92,560.78 donations for up to four years, giving donors more control over when contributions are converted and used, the charity said on Thursday…

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Franklin Templeton Debuts Tokenized Money Market Fund in Hong Kong

Cryptocurrency-friendly investment firm Franklin Templeton introduced a blockchain-based money-market fund for professional investors in Hong Kong and said it’s also working on a version for retail investors as it looks to expand its footprint in Asia. The Franklin OnChain U.S. Government Money Fund invests in short-term U.S. government securities, with shares represented as tokens. Franklin…

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