cosimo

ChainCatcher news, according to The Block, COSIMO, a digital asset holding company founded in 2014, is raising a $25 million funding round, led by Eolas Capital co-founder and former Bridgewater executive Des Mac Intyre.This initiative is part of COSIMO's aim to integrate its crypto investment, custody, advisory, and brokerage services into "a unified, visionary brand," the company announced in a statement on Tuesday.COSIMO Digital focuses on "deep technology" and has been operating for ten years, expanding into multiple crypto subfields, with the goal of becoming a competitor similar to crypto management and service provider Galaxy Digital, but with a footprint across the U.S. and Europe.COSIMO co-founder Ciaran Hynes stated in an interview, "Clearly, we are not as big as Galaxy yet—but that is our vision. We have been building quietly. So far, we have been very low profile."

Chain Catcher news, venture capital firm COSIMO Ventures has launched a risk-managed digital yield fund focused on staking, COSIMO Y, which aims to raise $200 million. COSIMO Y will invest in a diversified range of PoS networks and use derivatives to help hedge risks. (Source link)