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By Crowdfund Insider*

Morgan Creek Capital raises the first $60.9 million of its $250 million target for its second VC fund

Morgan Creek Capital raises the first $60.9 million of its $250 million target for its second VC fund

Two public pension funds have more than doubled their initial investments into venture capital funds run by investment firm Morgan Creek, raising the firm's total assets under management to more than $100 million. According to the company, the VC funds will be primarily focused on seed investments in equity, including investments in blockchain infrastructure companies like Bitwise and BlockFi.
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Fincross preps launch of blockchain-based investment bank

Fincross is building a plethora of financial products based on proprietary distributed ledger technology (DLT). The bank claims it will “revolutionize” digital assets for both institutional and individual investors and will enable clients to transact with instant settlement on a peer-to-peer basis.
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tZero’s brokerage partner Dinosaur is part of a group that operates an FCA regulated digital challenger bank

When tZERO announced the commencement of trading it “buried” the fact that Dinosaur is also a digital-only challenger bank. The digital banking sector of Fintech is red hot, especially in the U.K.. Pretty much everyone understands that the bank of the future exists solely on your iPhone or Android device … except for some of the traditional banks.
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