Grayscale Crypto Holdings Now Worth $12.1 Billion After $325 million Crypto Investment
Crypto asset manager Grayscale has invested an extra over $325 million into bitcoin and ethereum.
The company acquired an additional 14,591 Bitcoin, worth about $266 million currently, and 105,000 Ethereum, worth $58,5 million, totalling the crypto storage of company to be $12.1 billion worth of crypto assets.
Atari Partners With Enjin To Promote Blockchain Gaming
Gaming company Atari has partnered with blockchain gaming platform Enjin to allow developers to build enjin-powered video games using the Atari brand and IP.
Speaking on the new partnership, CEO Atari, Fred Chesnais believes the collaboration will be of benefit to game developers around the world.
“This collaboration will mark the first phase of our plans with Enjin to leverage our expertise, as well as Atari’s library of games with proven track records of success with the blockchain, and empower developers all around the world,” he said.
Insurance Giant MassMutual Joins Crypto Industry, Buys Bitcoin Worth $100 Million
Massachusetts Mutual Life Insurance Company has bought bitcoin worth $100 million for its general investment account.
Not only that, but MassMutual also acquired a $5 million minority equity stake in NYDIG.
The bitcoin purchase was facilitated by New York-based fund management company NYDIG, and it’s the latest proof of the acceptance of crypto by mainstream industries.
Rapper Lil Yachty Sells Out 25,000 $Yachty Tokens In 21 Minutes
Rapper Lil Yachty sold out 25,000 $YACHTY tokens worth $375,000 in a token sale ran on a social money platform Fyooz at $15 each.
According to Fyooz, ownership of the 23-year-old rapper’s token, $YACHTY which sold out in only 21 minutes and 41 seconds will give his fans “experiential access that no one else can get.”
In a statement by the rapper, he said: “I’m still new and learning about the crypto world, but I can tell you I’m partnering up with some very smart people to give my fans some dope experiences.”