Valkyrie Crypto Trusts Gather Nearly $74 Million In Funding Amid Bear Market

Valkyrie Crypto Trusts Gather Nearly $74 Million In Funding Amid Bear Market


An alternative investment company, Valkyrie, has added $73.6 million in capital into two crypto-focused trust funds. Valkyrie initially had $1.2 billion in assets under management at the end of the second quarter. This information is in amended filings with the United States Securities and Exchange Commission (SEC).

Over the years, crypto investments and Decentralized finance have proven to be a great alternative to the traditional finance system. It could be because DeFi has a way to boycott the bureaucracy in the financial system.

Decentralized Finance (DeFi) allows the use of digital ledger technologies. Digital technology enables investors to access and control their assets and financial data in global financial transactions.

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With DeFi, developers have created financial instruments that can operate digital assets without limitations. Loan

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