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UK hedge fund billionaire Alan Howard backs crypto investment platform Kikitrade


UK hedge fund billionaire Alan Howard backs crypto investment platform Kikitrade
Allen Ng, co-founder of Asia-based crypto investment platform Kikitrade. Source: Kikitrade
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Kikitrade, an Asia-based crypto investment platform, has closed a Series Pre-A extension round of financing from British hedge fund billionaire Alan Howard, as the startup ramps up efforts to serve increasingly tech-savvy young generations across largely untapped markets.
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United Kingdom , Alan Howard , Series Pre A , ஒன்றுபட்டது கிஂக்டம் , ஆலன் ஹோவர்ட் , தொடர் பிரே ,

Beijing-based VC Buhuo Ventures raises first USD fund via yuan-to-dollar restructuring


Beijing-based VC Buhuo Ventures raises first USD fund via yuan-to-dollar restructuring
Source: Eric Prouzet/Unsplash.
May 4, 2021
Beijing-based investment firm Buhuo Ventures has completed a yuan-to-dollar fund restructuring to raise its maiden US dollar venture capital (VC) fund at over $100 million.
As part of the process to create the US dollar fund, Buhuo transferred partial stakes in four assets from its initial yuan fund Buhuo Ventures RMB Fund I, a 500-million-yuan, 2017-vintage vehicle, and an associated special purpose vehicle (SPV) into Buhuo Venture USD Fund I, the firm announced in a WeChat post on April 29.
The assets include Chinese engineering equipment rental platform Zhongneng United; Guoquan, a supermarket chain that offers hotpot and barbecue ingredients; and New Carzone, a business-to-business-to-consumer (B2B2C) auto aftermarket platform backed by e-commerce giant Alibaba, among others. ....

Ray Yi , Jay Li , China International Capital Corporation , Equity International , Buhuo Ventures , Buhuo Venture , Zhongneng United , New Carzone , Kinzon Capital , Harbourvest Partners , Private Equity International , Series Pre A , Master Bao , ஜெய் லி , சீனா சர்வதேச மூலதனம் நிறுவனம் , பங்கு சர்வதேச , புதியது கார்சோன் , ப்ரைவேட் பங்கு சர்வதேச , தொடர் பிரே , குரு பாவோ ,