{"id":57772,"date":"2017-05-01T09:01:20","date_gmt":"2017-05-01T13:01:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=57772"},"modified":"2017-05-01T09:01:20","modified_gmt":"2017-05-01T13:01:20","slug":"new-global-fund-to-raise-300-million-for-digital-currency-investments","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2017\/new-global-fund-to-raise-300-million-for-digital-currency-investments.html","title":{"rendered":"New global fund to raise $300 million for digital currency investments"},"content":{"rendered":"<p>Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless transactions.<\/p>\n<p>Digital currencies such as bitcoin are issued and usually controlled by its developers, and are used by members of virtual communities. The sector&#8217;s market capitalization has surged more than 60 percent so far this year, and nearly 260 percent over the past 12 months, to nearly $30 billion, according to Coinmarket.com.<\/p>\n<p>A handful of digital currency funds have emerged over the past year, including Polychain Capital, which has raised about $15 million from venture capitalists and investors the last few months.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-alphabit-funds-digital-currencies-idUSKBN17N276\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57772","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=57772"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57772\/revisions"}],"predecessor-version":[{"id":57773,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57772\/revisions\/57773"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=57772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=57772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=57772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}