Connect with us

Bitcoin

Anthony Pompliano’s Morgan Creek Digital Capital makes strategic investment propagating mass crypto adoption

Akash Anand

Published

on

Bitcoin [BTC] proponent Anthony Pomplaino's Morgan Creek Digital Capital makes new strategic investment to propagate mass crypto adoption
Source:Pixabay

The cryptocurrency market was helped along in its pursuit of mass adoption, with many proponents of the space lending a helping hand. The latest news about the bigger players in the cryptoverse included the tie-up between Morgan Creek Digital Capital and Ikigai Asset Management.

The official release stated,

“Morgan Creek Digital announced today that it will be the lead anchor investor in Ikigai Asset Management’s flagship fund focused on executing systematic and fundamental liquid hedge fund strategies as well as opportunistic venture-stage crypto asset investments. Ikigai is a crypto asset management firm launched in December 2018 by former Point72 Portfolio Manager Travis Kling and partners Timothy Lewis, and Anthony Emtman.”

Morgan Creek Digital partner, Anthony Pompliano, is a voracious supporter of Bitcoin, and has held a bullish viewpoint about the world’s largest cryptocurrency. Post the partnership with Ikigai, Pompliano talked about the company’s  positive devleopments, and claimed that they were well-positioned to capture the outstanding returns brought by cryptocurrencies in the coming future.

Ikigai Chief Investment Officer Travis Kling said,

“DLT and crypto assets are fundamentally changing our world. We are honored to receive this investment from Morgan Creek Digital and look forward to working closely together with Mark, Jason, and Pomp in this exciting arena.”

Pompliano recently sat down with Galaxy Digital’s Mike Novogratz to discuss elements like liquidity, trust and custody that need to be given a boost. Novogratz stated that the cryptocurrency market was presently a booming place of business, especially with the entry of companies like JP Morgan, Telegram and Facebook. He further claimed that it was a big opportunity to invest, with Wall Street sentiments changing. The Galaxy Digital CEO added,

“Wall street earlier thought that you shouldn’t take risks on something small like cryptocurrencies. They are getting close though, not doing anything but are getting really ready. We are anyway working hard on the security token business and I promise you this, the upcoming tokens and ICOs will be a lot bigger but less sexy.”

 





Subscribe to AMBCrypto’s Newsletter


News

Brad Garlinghouse on Facebook’s Libra, CZ on Binance U.S and more

Jibin M George

Published

on

Crypto News – 19 June

Bancor follows Binance, Bittrex’s footsteps: Decentralized trading platform, Bancor, recently announced in a blog post that citizens of the United States will no longer be able to use the Bancor application to convert tokens

Read more at https://bit.ly/2N75NFE

Jameson Lopp on Libra: Lopp speculates that it “sounds an awful lot like Proof of Stake” and like Ethereum, it will face the same problems

Read more at https://bit.ly/2IU3AIq

Crypto-news website sued: Photographer John Curtis Rice has filed a lawsuit against Cointelegraph, a popular cryptocurrency news website, for allegedly using a copyrighted photograph of Charlie Shrem

Read more at https://bit.ly/2MXBlhv

Delaware approves Bittrex’s Money Transmitter license: Bittrex, a leading cryptocurrency exchange in the United States, recently announced that Delaware had become the 42nd state in the United States to give it a money transmitter license

Read more at https://bit.ly/2Kt34nR

LongHash on Tether’s health: A recent LongHash report has claimed that despite controversies, Tether is ‘extremely healthy,’ scoring a health score of 90 on 100

Read more at https://bit.ly/2MXFrpO

Binance’s BTCB proposal: CEO CZ confirmed that a proposal to list BTCB on Binance DEX had been submitted

Read more at https://bit.ly/2IoMLpY

Nouriel Roubini on Bitcoin: Prominent Bitcoin basher Roubini cited British MP Alex Sobel’s article on cryptocurrencies to attack BTC again, calling it a ‘scam’

Read more at  https://bit.ly/2N4xW02





Subscribe to AMBCrypto’s Newsletter


Continue Reading

Trending