#Latest news with #cryptoethosBloomberg2 days agoBusinessBloombergCrypto Fund Takes Aim at Circle IPO For Ignoring Crypto NativesBy Not everyone was celebrating the success of Circle Internet Group Inc. 's initial public offering on Thursday. The chief investment officer of Arca, an asset management firm focused on cryptocurrencies, wrote on social media that Circle was the 'exact opposite of crypto ethos' and had given 'fat' allocations of its valuable shares to 'TradFi' financial firms that had little interest in the crypto industry.
Bloomberg2 days agoBusinessBloombergCrypto Fund Takes Aim at Circle IPO For Ignoring Crypto NativesBy Not everyone was celebrating the success of Circle Internet Group Inc. 's initial public offering on Thursday. The chief investment officer of Arca, an asset management firm focused on cryptocurrencies, wrote on social media that Circle was the 'exact opposite of crypto ethos' and had given 'fat' allocations of its valuable shares to 'TradFi' financial firms that had little interest in the crypto industry.