British Billionaire Alan Howard Making ‘Massive Moves’ Into The Crypto Space

British Billionaire Alan Howard Making ‘Massive Moves’ Into The Crypto Space
фото показано с : zycrypto.com

2021-6-17 21:38

Founder of Brevan Howard hedge fund Alan Howard has started offering cryptocurrency services to businesses and institutions through his company, Elwood.

Following this investment, U.K.-based Elwood has now directly invested 1.5% of its main fund in crypto.

The billionaire is now one of the highest-ranking fund managers to invest heavily in crypto. Experts say this sets him apart from other traditional fund managers many of who do not support and invest massively in crypto. 

Some UK fund managers have differed with the Financial Conduct Authority for banning the sale of crypto-related derivatives and its anti-crypto approach. It is also encouraging news of backing crypto investment despite earlier reports that UK banks were blocking payments to cryptocurrency exchanges.  

The additional investment through Elwood comes after Howard, last week, led a Series B funding round for a crypto-custody known as Copper.co. Copper raised $25 million. The investment into Copper happened a day after he announced investing $4 million in an Asian crypto trading app Kikitrade. Howard is also invested in CoinShares and Canadian crypto lending firm Ledn. 

Through Elwood, Howard is now offering crypto services to crypto exchanges, neobanks, fintechs, asset managers, and payment services. These types of businesses can rely on the company for single-API market access and end-to-end trading services according to the company website. 

Although it previously offered asset management, Elwood has now invested in cloud technology and software to facilitate these crypto business services.

According to the company, the platform will allow these businesses to access “thousands of crypto assets across over 30 crypto exchanges.”

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin & Company Network (BITN) на Currencies.ru

$ 3.4E-5 (-0.68%)
Объем 24H $0
Изменеия 24h: 7.68 %, 7d: 5.02 %
Cегодня L: $3.4E-5 - H: $3.4E-5
Капитализация $0 Rank 3624
Доступно / Всего 0 BITN

howard elwood alan through businesses company institutions

howard elwood → Результатов: 6


Komainu closes $25 million in Series A fundraising, to expand institutional custody services

Regulated digital asset custody startup Komainu closed a $25 million Series A fundraising led by Alan Howard of Elwood Asset Management, with additional participants such as Galaxy Digital, NOIA CapitThe post Komainu closes $25 million in Series A fundraising, to expand institutional custody services appeared first on AMBCrypto.

2021-3-9 20:30


This Billionaire is Plowing Cash into $1 Billion Crypto Venture

A new crypto venture is on the horizon, boasting a $1 billion treasury and a mentor that Forbes in 2013 listed as “one of the 40 highest-earning hedge fund managers.” The unnamed platform is a part of Elwood Asset Management, a London-based firm which handles the personal cryptocurrency assets of Alan Howard, the head of […] The post This Billionaire is Plowing Cash into $1 Billion Crypto Venture appeared first on CCN Markets

2019-8-31 11:36


Миллиардер Алан Ховард создаст криптовалютную платформу для институциональных инвесторов

Компания Elwood Asset Management, принадлежащая миллиардеру Алану Ховарду (Alan Howard), планирует привлечь институциональных инвесторов в сферу криптоактивов. По словам генерального директора компании Бина Рена (Bin Ren), новые регулируемые продукты Elwood Asset Management будут охватывать весь спектр криптовалютных активов.

2019-3-14 09:01