Launched last August, the American crypto-hedge fund BlockTower attracted $ 140 million from family offices and large venture firms. This is reported by Bloomberg.
As the publication notes, investors were Union Square Ventures LLC and Andreessen Horowitz, but the companies declined to comment on the details of the cooperation. BlockTower also ignored the request for an official statement.
The cryptocurrency hedge fund also confirmed that it hired former vice president of Goldman Sachs Michael Buzell, who became the eighth member of the team.
Earlier ForkLog reported that BlockTower Capital acquired a call option for $ 990,000, which allows the company to buy 275 bitcoins for $ 50,000 until the end of 2018.