On-chain investment strategy platform Alloco announces investment from YZi Labs
Alloco was founded by a team with a quantitative background, and the core team has experience managing over 1 billion USD in institutional assets. The platform packages institutional-grade trading strategies into on-chain fund products, covering product lines such as hedge fund strategies, thematic asset baskets, and tokenized Pre-IPO offerings. The first batch of products will be launched soon.
This round of funding will be used for product development, compliance framework construction, and market expansion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold Fields said to weigh sweetening Northern Star bid with cash
Under continuous pressure from inflation and interest rate hike concerns, US Treasury sell-off intensifies; 30-year yield once surpassed 5.6%, hitting a more than 24-year high
U.S. long-term Treasury yields continued to rise on Tuesday, extending the recent sharp upward trend.
The US releases the final batch of strategic oil reserves, up to 40 million barrels, urging Europe to follow suit.
This is the final batch of the 172 million barrels of reserves released by the United States in this round; after this release, the U.S. Strategic Petroleum Reserve will drop to its lowest level since 1982, approaching legal and operational red lines. Meanwhile, the U.S. Secretary of Energy criticized some European countries for releasing far less than expected, urging them to fulfill their commitments. Currently, gasoline and diesel prices in the U.S. remain high, and less than two months remain until the midterm elections. On Tuesday, WTI crude oil futures fell by 3.95%.
Raphael Zagury: Bitcoin will eventually surpass gold
Crypto prices
More
