Jim Pallotta's family office plans to launch a $200 million fund focused on cutting-edge technologies like blockchain.
October 6th news, according to Bloomberg, the family office of American hedge fund veteran Jim Pallotta is expanding its bet on decentralized finance (DeFi).
According to sources, Pallotta's Raptor Group is acting as a major contributor, supporting a venture capital company of the same name in raising its second fund - which focuses on cutting-edge technologies such as blockchain. A source requesting anonymity said that Raptor Digital plans to raise $200 million from the family office and institutional investors, and the fund will officially launch in the coming weeks after returning capital to existing investors of the first fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Korean Won Stablecoin Alliance Seeks to Disrupt US Dollar Dominance in Digital Finance
- WEMADE leads Korean won stablecoin alliance with CertiK, Chainalysis, and SentBe to challenge USD-dominated stablecoin markets. - CertiK provides security infrastructure for StableNet mainnet, while Chainalysis/SentBe enhance compliance and transparency. - South Korea's $10.3B Upbit-Naver merger and KakaoBank's initiatives reflect national strategy to assert monetary sovereignty via blockchain. - Regulatory hurdles persist, but alliance aims to navigate 51% bank ownership rules through security-complianc
Swiss Crypto Tax Postponement Highlights Challenges in International Cooperation
- Switzerland delays Crypto-Asset Reporting Framework (CARF) implementation to 2027 due to stalled international data-sharing negotiations. - The OECD-endorsed framework aims to combat tax evasion via cross-border crypto reporting, with 75 countries participating but uneven global adoption. - Swiss amendments to domestic crypto tax laws include transitional provisions to ease compliance burdens for local firms amid regulatory uncertainty. - Critics warn the delay risks deterring fintech innovation, while s
Strategic Collaborations Between Public and Private Sectors: Driving Real Estate and Industrial Expansion in Underdeveloped Areas
- Public-private partnerships (PPPs) are transforming underserved regions by bridging infrastructure gaps and driving real estate and industrial growth. - Projects like Madrid Nuevo Norte and Costa Rica's affordable housing initiatives demonstrate PPPs' ability to boost property values and create jobs through mixed-use development and public land utilization. - U.S. data reveals racial disparities in PPP benefits, with communities of color experiencing lower baseline home values despite similar growth rate
ICP's 30% Price Jump: Key Factors and What It Means for Web3 Investors
- ICP surged 30% in late 2025 due to upgraded on-chain governance and tokenomics, enhancing decentralized control and utility-driven demand. - Network Nervous System (NNS) reforms simplified neuron activation, boosted developer participation, and introduced periodic voting reaffirmations. - Caffeine AI integration and partnerships with Microsoft/Google drove TVL to $237B, though dApp usage declined 22.4% amid macroeconomic volatility. - Analysts project $11.15–$31.89 price range for 2026, contingent on sus
Trending news
MoreCrypto prices
More
