Alphabit to raise US$300mil to invest in digital currencies


New global fund says sector in great position to strengthen further

NEW YORK: Alphabit, a global fund that invests in digital currencies, has been launched with a target of US$300mil, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless transactions.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , alphabit

Next In Business News

Local institutions extend net buying streak to two weeks, net inflows at RM534.2mil
Padini shares see selling pressure amid MACC investigation
Ringgit edges higher against US$ amid subdued market sentiment
Bursa Malaysia rises in early trade amid mixed investor sentiment
Oil climbs nearly 2% as US-Iran peace talks stall
Trading ideas: EcoWorld, ManagePay, SCIB, Petra, Mesiniaga, Chuan Huat, Padini, KLCC REIT, Eden, Unisem, CTOS, Chin Teck, SOP, Eupe, Manforce, Inspace
YTL Corp positioned for infrastructure upcycle
China hits brakes on fiscal stimulus
German renewal year goes awry for Merz
Breweries brace for uncertain year ahead

Others Also Read