Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Fortress Alum Mike Novogratz Starting $500mn Crypto Fund
ShareTweet
Home
Fintech
Fortress Alum Mike Novogratz Starting $500mn Crypto Fund

Fortress Alum Mike Novogratz Starting $500mn Crypto Fund

Todd Anderson·
FintechNews RoundupUSA
·Sep. 27, 2017·1 min read

Fortress Alum Mike Novogratz is starting a $500mn hedge fund to invest in cryptocurrencies, ICOs and other companies in the blockchain space; he will start the fund with $150mn of his own money and raise the rest from family offices, fund managers and wealthy individuals; “This is going to be the largest bubble of our lifetimes,” Novogratz said to Bloomberg. “You can make a whole lot of money on the way up, and we plan on it.” Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

    View all posts
Tags
BlockchainCrypto Assets Fundinitial coin offeringslis
Related

Offline Digital Payments to Deal With Financial Exclusion of the Non-Digital World

The future of payments is choice: Gnosis Pay CEO Marcos Nunes

Beware of the crypto/blockchain patent troll

bank connections

Swift experiments with blockchain but may need a governance shift

Popular Posts

Today:

  • FN articleVisa’s Director of Product Management on BNPL’s Future Jul. 22, 2025

This month:

  • Penny LeeThe Battle for Open Banking’s Future Jul. 10, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • KanyiThe World According to Kanyi Maqubela Jul. 8, 2025
  • Eric GlymanHow Ramp’s CEO Eric Glyman is betting big on AI agents Jul. 15, 2025
  • Pat UtzAbstract CEO on RegTech in the era of Trump 2.0 Jul. 17, 2025
  • WayfoundThe AI Agent Wild West Jul. 9, 2025
  • TechNexus The AI IssueAI’s Existential Opportunity Jul. 9, 2025
  • Stylizedhouse-with-EKGFintech x the One Big Beautiful Bill Jun. 26, 2025
  • Ahead of AIOutsmart Pricing Objections Before They Arise with AI Jul. 1, 2025
  • Paraform Founders, Jeffrey Li and John KimFunded: Paraform raises $20M to put top recruiters, not AI, in the driver’s seat Jun. 27, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results