Leading Investment Firm Cryptology Allocates $100 Million For Crypto-related Venture Fund

Published on: 04.06.2021

Cryptology Asset Group,the leading European investment company is betting on the cryptocurrency industry to spread their funds portfolio.

A press release states the investment firm founded by Christian Angermayer and Mike Novogratz will invest $100 million into crypto-related venture funds in a span of 24 months.

Patrick Lowry, CEO of Cryptology, states,

“There is no better asset class to bet on than crypto, in my opinion.”

The Malta-based investment firm will invest in first-time funds and emerging managers that are focused on blockchain and crypto-related businesses.

Cryptology has 450 million euros ($548 million) in assets and is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe.

#SmartCrypto

Market Stats:
BTC Dominance: 57.47%(+0.05%/24h)
ETH Dominance: 13.44%(-0.19%/24h)
Defi Market Cap: $161.27B(-24.45%/24h)
Total Market Cap: $4045.7B(+0.93%/24h)
Total Trading Volume 24h: $137.96B(-19.73%/24h)
ETH Market Cap: $543.55B
Defi to ETH Ratio: 29.67%
Defi Dominance: 3.89%
Altcoin Market Cap: $1720.64B
Altcoin Volume 24h: $95.09B
Total Cryptocurrencies: 36060
Active Cryptocurrencies: 9501
Active Market Pairs: 110953
Active Exchanges: 850
Total Exchanges: 11099
BTC: 116717.24$(-0.16%/1H)
ETH: 4503.14$(0.11%/1H)
AVAX: 30.09$(0.24%/1H)
BNB: 954.66$(-0.05%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.88$(0.2%/1H)
DOT: 4.27$(-0.28%/1H)
UNI: 9.35$(0.59%/1H)
CAKE: 2.53$(0.08%/1H)
SUSHI: 0.79$(-0.28%/1H)
ONE: 0.01$(-0.36%/1H)