Former Harvard Portfolio Manager Opens Hedge Fund

FinTech, Innovation, Investing, News | August 18, 2017 By:

Former Harvard University portfolio manager Lewis Fellas will open a hedge fund September 1 that will invest in digital currencies. Fellas, who handled Harvard’s $35.7 billion endowment before leaving its Harvard Management Co. last year, calls the new fund Bletchley Park Asset Management.

The new fund is registered in the Cayman Islands and will seek to raise $200 million in its initial stages.


SingularDTV Starts Entertaiment Division for Original Content

Announcements, Blockchain, Innovation, News | August 17, 2017 By:

Blockchain-based entertainment company SingularDTV is moving further into creating its own original content. The firm is launching a new entertainment division that will finance, produce and distribute original films and TV series, and acquire exclusive content.

SingularDTV co-founder Kim Jackson was named the company’s President of Entertainment and will steer the studio’s development and production.


Blockstack to Launch $25M Venture Capital Fund

Announcements, Blockchain, FinTech, Innovation, Investing, News | August 17, 2017 By:

New York-based decentralized Internet and developer platform Blockstack is launching a $25 million venture capital fund to back development teams utilizing its technology.

Called Blockstack Signature Fund, the fund is backed by Lux, OpenOcean, VersionOne, RisingTide, and Compound.  Funding will go toward apps built in the Blockstack ecosystem.


Singapore Shipping Firms Partner with IBM on Blockchain Supply Chain Trial

Announcements, Blockchain, FinTech, Group, Innovation | August 17, 2017 By:

Technology giant IBM has announced a trial blockchain network in Singapore for supply chain management.

IBM, Singaporean port operator PSA International, and Pacific International Lines (PIL), the largest shipping firm in Asia, have signed a memorandum of understanding (MOU) and will jointly work on proof-of-concept blockchain solutions that are expected to enhance the efficiency of the supply chain network in Asia.