“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:
Transformation of North San Jose into urban tech hub under way
4.5 million electronic health records from 20 hospitals compromised
Obama honors those who made the ultimate sacrifice in Iraq war
Bond Damage Tally: $430 Billion Lost as Slump Put in Perspective
Delay in Obamacare requirement puts onus on the honor system
Cash-strapped Cyprus plots Russian exit from austerity
After the Manning verdict, four big issues remain untouched
New Security Device Put To Use In Edmond Schools
Young Chinese building art collections as unpredecented prices emerge
Retired cop shoots man dead in movie theater over texting argument
Boston University sues Apple claiming it stole professor's 1997 idea
Police Now Using Facial Recognition With Driver License Databases In 31 States
$3.3 billion of pork: The 5 most surprising provisions in the debt deal
IRS to Protect Computer System Modernization From Budget Cuts [2011]
World powers react to the Bitcoin boom