Never Judge a Book By Its Cover:
User Growth, Bakkt & Emerging Market Trends

  • With its year-end report, the United Nations referred to cryptocurrency the “new frontier” in finance, as it states that blockchain and cryptocurrency have the ability to break efficiency barriers currently found in fiat currency systems.
  • The Russian government is planning on purchasing as much as US $470 billion in Bitcoin in a staged development in a desire to hedge its financial reserves and protect itself from economic sanctions. Vladimir Putin’s administration appears to be desiring that $10 billion of that purchase occur in Q1 of 2019.
  • Hong Kong entrepreneur Li Ka-Shing with an estimated net worth of US $37.7 billion has been identified as one of the premiere investors in Bakkt’s first funding round ending in December 2018. Li oversees a swath of businesses in diverse fields including energy, utilities, financial services, and real estate.
  • Bittrex has announced plans to offer an over-the-counter trading desk that supports over 200 cryptocurrencies. Currently offered to only certified investors with a minimum investment of US $250,000, the platform will allow two parties to trade directly rather than relying on a centralized exchange.

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Varys Capital is a total return fund providing secure access to the digital asset class through venture capital and quantitative trading strategies.

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Varys Capital

Varys Capital

Varys Capital is a total return fund providing secure access to the digital asset class through venture capital and quantitative trading strategies.

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