A prestigious US school Yale University has invested in a crypto fund ” Paradigm ” established by coin-based co-founders, etc. from Bloomberg’s coverage.
It is said that Yale University’s total assets amount to as much as 550 billion dollars, and it is said to be the second largest in the United States next to Harvard University.
The investment strategy at the university is entrusted to Mr. David Swenson, an investment advisor, who has achieved an average return of 11.8% over the past 20 years.
The Crypto Fund “Yeres University invested” Paradigm “was founded by Fred Ersham co- based co-founder, Matt Huang, partner of Sequoia Capital , and former employee of Pantera Capital · Charles Noyes It is.
It seems that Paradigm will carry out asset management around emerging projects and exchanges.
It is reported that Yale University plans to invest in Crypto funds established by major US venture capital firm Andreessen Horowitz in the future.
Article Source: Yale Invests in Crypto Fund That Raised $ 400 Million
Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/yale-university-to-invest-in-paradigm/
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