
“Fortress has invested directly in Pantera Bitcoin Partners, the limited liability company overseeing Pantera’s Bitcoin fund. Moreover, all future purchases of Bitcoin or other crytpocurrencies by Fortress and its principals will be made via Pantera. In addition to Fortress, Pantera has received investments from venture capital firms Benchmark and Ribbit Captial. Those three firms also recently partnered to invest $20 million into Bitcoin ‘vault’ company Xapo, which happens to hold Pantera Bitcoin Fund’s assets (Pantera also made a small co-investment on that deal, which had not been previously disclosed).”
http://finance.fortune.cnn.com/2014/03/18/bitcoin-hedge-fund/
Related posts:
France under first nationwide state of emergency since 1961
Inflation, Shortages And Economic Turmoil: Venezuela On The Brink
China may cut U.S. debt holdings
Hundreds of nonsense articles found in peer-reviewed science journals
Mister Taxman: Why Some Americans Working Abroad are Ditching Their Citizenships
White House says Egypt’s new regime is on the ‘wrong path’
Japan approves £73bn stimulus package
Syria's Chemical Weapons Sites Can't Be Safely Bombed, Experts Say
2 killed, 8 shot by police in shooting near Empire State Building
Death toll rises in Egypt following clashes
DreamWorks plans $3.2 billion China tourist attraction
Amazon launches online wine store
That dog may cost you $100,000 a day
Threatening 'IRS' calls, emails are scams, officials warn
High taxes on legal pot in California could mean black market will thrive