Crypto Investment Firm Deus X Capital Launches With $1B in Assets

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The family office backed investment and operating company begins with an initial $1 billion of assets.

Deus X Capital, a family office backed investment firm, launched today with Tim Grant as CEO, the company said in a statement.

The company begins with $1 billion of assets, including existing investments and capital to be deployed in private equity, venture capital and fund allocation opportunities in the digital asset, blockchain, fintech and institutional capital markets sectors. Grant was previously Head of EMEA at Mike Novogratz’s Galaxy Digital . Prior to this he was CEO of SIX Digital Exchange and worked at TradFi giant UBS.“The existing financial system is expensive, unwieldy and works for the few, not the many,” Grant said, adding that “we are committed to investing in and building the most innovative digital asset, fintech and capital markets businesses.”

The firm’s existing investments include stakes in publicly listed companies such as crypto financial services firm Galaxy and asset manager Hilbert Group . It also has allocations to a number of hedge funds.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vietnam's Masan says will receive at least $200 million investment from Bain Capital By ReutersVietnam's Masan says will receive at least $200 million investment from Bain Capital
Source: Investingcom - 🏆 450. / 53 Read more »

Japan's business mood improves, capex firm in boost to economic outlook By ReutersJapan's business mood improves, capex firm in boost to economic outlook
Source: Investingcom - 🏆 450. / 53 Read more »

Japan's business mood improves, capex firm in boost to economic outlookJapan's business sentiment improved in the third quarter, a central bank survey showed, suggesting conditions for a durable economic revival are falling into place even as a global slowdown keeps policymakers cautious about the outlook.
Source: Reuters - 🏆 2. / 97 Read more »