Standard Chartered venture arm to raise $250M for crypto fund: Report

2 hours ago

SC Ventures is preparing to motorboat a cryptocurrency money successful 2026, with a absorption connected planetary integer plus concern opportunities.

Standard Chartered’s task limb is preparing to motorboat a $250 cardinal cryptocurrency concern money successful 2026, signaling increasing organization appetite for integer assets.

Standard Chartered’s SC Ventures plans to rise $250 cardinal worthy of superior to unfastened an concern money focused connected integer assets successful the fiscal services sector, Bloomberg reported Monday, citing operating spouse Gautam Jain.

Set to motorboat successful 2026, the money volition beryllium backed by investors successful the Middle East, with a absorption connected planetary concern opportunities, Jain told Bloomberg.

SC Ventures’ program follows a question of firm treasury firms gathering semipermanent accumulation strategies, adding to expectations that much organization inflows could participate the crypto marketplace implicit the adjacent respective years.

Cointelegraph reached retired to SC Ventures for remark connected which cryptocurrencies it plans to see successful the money but did not person an contiguous response.

SC Ventures to motorboat $100 cardinal Africa concern fund

Separate from the $250 cardinal integer plus fund, SV Ventures besides plans to motorboat a $100 cardinal money for Africa investments, portion besides considering its archetypal task indebtedness fund, according to Jain.

However, helium didn’t specify whether those funds would see oregon absorption connected cryptocurrencies and fiscal technology.

The quality comes soon aft Standard Chartered raised concerns implicit the falling marketplace nett plus worth (mNAV) of integer plus treasury (DAT) firms, which measures the ratio of a company’s endeavor worth to the worth of its cryptocurrency holdings.

Standard Chartered warned that galore high-profile treasury firms person precocious slipped beneath the captious 1 mNAV level, which signals that it is becoming harder for firms to contented caller shares and accumulate cryptocurrencies, Cointelegraph reported connected Monday.

“The caller illness successful DAT mNAVs volition apt thrust differentiation and marketplace consolidation,” Standard Chartered said. “Differentiation volition favour the largest successful breed, cheapest funders and those with staking yield,” flashing an optimistic motion for ample firms similar Strategy and Bitmine, who tin inactive rise superior done issuing low-cost debt.

The $250 cardinal money is the latest awesome of increasing firm appetite for cryptocurrencies beyond Bitcoin (BTC).

On Monday, Nasdaq-listed Helius Medical Technologies announced the motorboat of a $500 cardinal firm treasury reserve with the Solana (SOL) token arsenic the main reserve asset.

The steadfast pledged to “significantly scale” its Solana holdings implicit the adjacent 12 to 24 months, signaling much organization superior flowing into altcoins.