Investments – Page 167

SingularityDAO appoints Chris Poulin as CTO and head of AI

The merger between artificial intelligence and decentralized finance is growing. SingularityDAO focuses on creating AI-driven investment portfolios.

“A launch could come as soon as October, and we believe the SEC should permit several at once to avoid handing out a first-mover advantage,”

The prominent crypto mogul highlighted the rapid adoption of nonfungible tokens as a potential cause for investor caution.

Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator.

As Bitcoin garners more mainstream attention, crypto-centric startups are also scoring funding from VC firms to become crypto unicorns.

Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments.