Metalpha is looking to raise $100 million for the Next Generation Fund I, which it has formed in partnership with NextGen Digital Venture Limited. As of the end of March, Metalpha has raised $20 million towards that goal. The fund invests in Grayscale products through structured derivatives, granting access to mainstays of digital asset portfolios in a way that is compliant with U.S. and Hong Kong laws.
Tether Formally Announces a Shift Towards Open-Source AI
Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and...