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Funds
$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out
A major Chinese blockchain fund launched in April has denied a report that the local government will withdraw its financial support.

A Crypto Exchange Is Buying Back $24 Million-Worth of Its Own Tokens
Crypto exchange FCoin is to buy back 100 million of its own tokens to provide capital for a new fund of funds.

Huobi Partners on $93 Million China-South Korea Blockchain Fund
Crypto exchange Huobi has teamed up with NewMargin Capital and Kiwoom Securities to launch a blockchain fund focused on China and South Korea.

Binance Reveals Plan for $1 Billion Blockchain Startup Fund
Binance has announced it is launching a $1 billion "Social Impact Fund" to foster the growth of startups in the blockchain and cryptocurrency space.

Crypto Hedge Funds Face Tough Choices on Tax Day
Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.

Vitalik Hopes New Ethereum Fund Will Deliver on Hype
A group of notable ethereum startups are partnering to create a new financial fund designed to boost the blockchain's ecosystem.

State Retirement Funds in Tennessee Could Face Bitcoin Restriction
Tennessee lawmakers have put forward a new bill that would bar state government retirement funds from investing in cryptocurrencies.

IBM, Comcast Back New Blockchain Startup Fund
IBM and Comcast Ventures are backing a blockchain investment fund aiming to scale early stage start-ups focused on enterprises.

Crypto Fund Bitwise Raises $4 Million in VC Funding
Cryptocurrency investment firm Bitwise has raised $4 million in seed funding as it launches a new fund for digital assets.

Parity Floats Fix for $160 Million Ether Fund Freeze
Work continues on a possible way to free up the more than $150 million worth of ether stuck in multi-signature wallets following a hack last week.
