Jim Pallotta's family office plans to launch a $200 million fund focused on cutting-edge technologies like blockchain.
October 6th news, according to Bloomberg, the family office of American hedge fund veteran Jim Pallotta is expanding its bet on decentralized finance (DeFi).
According to sources, Pallotta's Raptor Group is acting as a major contributor, supporting a venture capital company of the same name in raising its second fund - which focuses on cutting-edge technologies such as blockchain. A source requesting anonymity said that Raptor Digital plans to raise $200 million from the family office and institutional investors, and the fund will officially launch in the coming weeks after returning capital to existing investors of the first fund.
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
Do Kwon Asks Court for 5-Year Prison Cap in Terra Fraud Case
BTC Black Friday: Bitcoin Pumps to $93,000 Before Sharp Pullback
Harmonizing Progress, Earnings, and Environmental Responsibility: Redefining the Modern Corporate Sustainability Formula
- Global corporations are embedding sustainability into operations to meet environmental goals, driven by regulations and investor demands. - HP Inc. and Tesla highlight AI integration and EV cost savings as strategies to balance profitability with carbon reduction. - Energy firms like Eco Wave Power and Core Scientific are advancing renewables and energy-efficient infrastructure amid decarbonization trends. - Challenges persist, including economic pressures and regulatory hurdles, but innovations in finan
Bitcoin Updates: Derivatives Market Confidence Faces Off Against ETF Outflows—Will Bitcoin Reach New All-Time Highs?
- Bitcoin surged to $126,296 in October 2025 via ETF inflows but retreated to $80k amid waning institutional demand and higher rates. - Derivatives activity shows 40x YTD open interest growth, with traders betting on a $120k rebound if $83.5k support holds. - Technical indicators remain mixed: price below 50-day MA and thin order books risk further volatility, but OTC accumulation persists. - Fed policy and ETF flows will determine Bitcoin's path—stabilization near $83.5k or a test of 2025 highs—amid signi
Trending news
MoreCrypto prices
More
