A Brazilian money management firm, Hashdex announced a raise of $26 million of the new funding from investors. The firm truly focused on cryptocurrencies includes investors from SoftBank Group Corp. and Coinbase Global Inc. Hashdex Gestora De Recursos Ltd Announce $26 Million Raise The leading alternative investment firm that focuses on crypto-asset offers accredited investors the best way to own a balanced portfolio of crypto assets. The official announcement from the Hashdex Gestora de Recursos Ltd reads, “The bulk of the funds came from venture capital firm Valor Capital Group, with SoftBank and Coinbase Ventures, an arm of the U.S.’s biggest cryptocurrency exchange, also participating. Others included Brazil’s Igah Ventures, Globo Ventures, and Canary.” Founded in 2018, Hashdex is a leading alternative investment firm focused on crypto assets. The firm has acquired its name through its low-fee regulated funds. Hashdex provides innovative investors with secure access to the rapidly growing cryptocurrency asset class. Hashdex aims to expand access to crypto assets worldwide by creating the best crypto investment products for the most investor classes at the lowest costs. Hashdex: The First Crypto Exchange-Traded Fund Founded by former Microsoft Corp. executive Marcelo Sampaio and Bruno Caratori, Hashdex, launched Hashdex Nasdaq Crypto Index Fundo de Indice, at the beginning of this year. Hashdex is the first crypto exchange-traded fund in Brazil’s local exchange. Hashdex Gestora De Recursos Ltd is based in Rio de Janeiro and has about 4 billion reais under management. In the latest interview, the Chief Executive Officer of Hashdex, Sampaio mentioned that “Investors are still getting to know crypto and we see room to offer more products in Brazil, and Hashdex plans on opening new offices outside Brazil, with headcount expected to rise from twenty-five to as many as a hundred by the end of the year.”
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