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
Bitcoin Updates: Bitcoin Climbs Even as ETF Outflows Hit Record Highs and Hopes for Fed Rate Cuts Fade
- Bitcoin rebounds as markets price a 46% chance of a December Fed rate cut, down from 93.7% in October. - U.S. spot Bitcoin ETFs saw $523M in single-day outflows, with BlackRock's IBIT leading $2.1B in redemptions. - Technical indicators show a fourth "death cross" and declining liquidity amid unresolved macro risks. - Traders add $5.7M in short positions, reflecting broader caution as crypto faces regulatory and volatility challenges.
Ethereum News Update: With Major Ethereum Holders Pulling Back and Tron Showing Little Movement, LivLive and BlockchainFX Are Driving the Crypto Market's Revival
- LivLive’s presale surpassed $2.1M, driven by real-world engagement and AR missions, offering 100%-200% token bonuses to early investors. - BlockchainFX secured $11M in presale funding with an international trading license, using a deflationary model to boost long-term value. - Ethereum whales retreated, while Tron’s TVL dropped to $4.58B amid stagnation and regulatory scrutiny. - Crypto’s shift favors projects with utility and compliance, with LivLive and BlockchainFX leading the resurgence amid broader
Zcash Halving and Its Effects on the Crypto Market
- Zcash's November 2025 halving reduces block rewards by 50%, tightening supply and reinforcing its deflationary model akin to Bitcoin . - ZIP 1015's lockbox mechanism removes ~$337,000 daily liquidity, while ZEC's price surged 1,172% YTD amid privacy-driven demand and institutional adoption. - Institutional investments like Grayscale Zcash Trust and 5% supply acquisitions highlight growing acceptance as a strategic reserve asset. - Privacy-focused adoption (28% shielded transactions) and negative Bitcoin
Bitcoin Drops 1.11% as Multi-Chain Growth Accelerates and New Regulatory Measures Emerge
- Bitcoin .ℏ integrates Hashport for cross-chain transfers, boosting liquidity and DeFi accessibility across Ethereum , Polygon, and BNB Chain. - U.S. proposes "Bitcoin for America Act" to allow tax payments in BTC, eliminating capital gains tax and positioning crypto as strategic national asset. - BTC price drops 1.11% amid $3.79B ETF outflows, with technical indicators like death cross signaling extended bearish momentum. - Whale activity shows leveraged long positions at $84,400, contrasting short-term
Trending news
MoreCrypto prices
More
