Standard Chartered’s venture arm is getting ready to launch a $250 million cryptocurrency funding fund in 2026, signaling rising institutional urge for food for digital property.
Standard Chartered’s SC Ventures plans to elevate the capital to open the funding fund targeted on digital property within the monetary companies sector, Bloomberg reported Monday, citing working associate Gautam Jain.
Set to launch in 2026, the fund can be backed by Center East buyers, with a deal with world funding alternatives, Jain advised Bloomberg.
SC Ventures’ plan follows a wave of company treasury corporations constructing long-term accumulation methods, including to expectations that extra institutional inflows could enter the crypto market over the subsequent a number of years.
Cointelegraph reached out to SC Ventures for touch upon which cryptocurrencies it plans to embody within the fund however didn’t obtain a direct response.
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SC Ventures to launch $100 million Africa funding fund
Separate from the $250 million digital asset fund, SV Ventures additionally plans to launch a $100 million fund for African investments, whereas additionally contemplating its first venture debt fund, in accordance to Jain.
He didn’t specify whether or not these funds would come with or deal with cryptocurrencies and monetary expertise.
The information got here shortly after Standard Chartered raised considerations over the falling market web asset worth (mNAV) of digital asset treasury (DAT) corporations, which measures the ratio of an organization’s enterprise worth to its cryptocurrency holdings.
Standard Chartered warned that quite a few high-profile treasury corporations have not too long ago slipped beneath the important one mNAV stage, which indicators that it’s turning into tougher for corporations to difficulty new shares and accumulate cryptocurrencies, Cointelegraph reported on Monday.
“The current collapse in DAT mNAVs will possible drive differentiation and market consolidation,” Standard Chartered stated. “Differentiation will favour the most important in breed, least expensive funders and people with staking yield,” flashing an optimistic signal for giant corporations like Technique and Bitmine, who can nonetheless elevate capital by issuing low-cost debt.
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The $250 million fund is the newest sign of rising company urge for food for cryptocurrencies past Bitcoin (BTC).
On Monday, Nasdaq-listed Helius Medical Applied sciences introduced the launch of a $500 million company treasury reserve with the Solana (SOL) token as the primary reserve asset.
The agency pledged to “considerably scale” its Solana holdings over the subsequent 12 to 24 months, signaling extra institutional capital flowing into altcoins.
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