Bitcoin investment platform Swan raises US$165 million and will mainly invest in the Bitcoin ecosystem
Bitcoin investment platform Swan announced a fundraising of $165 million, of which $125 million will be used for private equity and venture capital. Founder Klippsten refused to disclose expenditure details, but stated that Swan's investments are mainly focused on the Bitcoin ecosystem. Klippsten also stated that Swan plans to raise another $150 million for expansion in 2024. (FORTUNE)
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