Blackstone, Tether co-founder launch 1 billion USD crypto fund

Blackstone and a Tether co-founder are launching a crypto fund worth 1 billion USD, predominantly investing in Bitcoin, Ethereum, and Solana.

The fund is expected to attract institutional attention towards the cryptocurrency market, enhancing liquidity and mainstream acceptance.

Market analysts believe that the fund will lead to significant capital inflows into cryptocurrencies as institutional adoption continues to grow.

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