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Fidelity’s bitcoin index fund surpasses $125 million in investments

Almost two years on from its launch Fidelity Investments bitcoin index fund has seen a drop in the growth of in-bound investments year on year, regulatory filings show.  The Wise Origin Bitcoin Index Fund went public in August 2020, giving Boston-based Fidelity the ability to offer clients bitcoin exposure. Almost nine months later the fund had raised $102 million, according to SEC filings. According to its latest SEC filing, made on Monday, the fund has now raised a total of …

Crypto data firm Coin Metrics raises $35 million funding round

Coin Metrics announced Monday that it has raised $35 million in a new round of financing. The round was led by BNY Mellon and Acrew Capital, according to a press statement. Other participants in the round included Goldman Sachs — which led Coin Metrics’ $15 million round last spring — and Fidelity. Brevan Howard Digital, Cboe Global Market, Avon Ventures, JAM FINTOP Blockchain, Morningside Technology Ventures, Mubadala Investment Company, and Highland Capital Partners are among the firm’s new and existing …

Crypto robo-advisor Stacked raises $35 million in new funding

Stacked, an SEC-registered crypto robo-advisor, has raised $35 million in a Series A funding round.  Alameda Research and Mirana Ventures co-led the round, with Fidelity International Strategic Ventures, DRW Venture Capital, Alumni Ventures, and Jump Capital also participating. With fresh capital at hand, Chicago-based Stacked plans to grow its current team of 40 people to over 100 in the next year and go fully mobile within the next six months, said the firm. Stacked is currently a web-based robo-advisor that …