The 1.5billion dollar hedge fund company Ulysses Capital has just invested in its first cryptocurrency. Institutional money is now choosing to invest in block chain technology, this is signalling the bottom of the bearish market and the start of a very bullish uptrend.Ulysses capital is a hedge fund with 70% invested in bonds and 30% in stocks and now has invested in its first Blockchain project NULS.NULS was selected as the first platform coin investment based on NULS’s blockchain superiority and team development capability.“We highly valued the technical superiority of the NULS platform and the ability of the team to successfully launch Mainnet and align with Bitmain,” said Joon Lee, the fund manager in charge of the Ulysses Capital’s Crypto Fund. “We will build a win-win relationship with each other by creating more opportunities for NULS in the future.”Starting with this investment and partnership, NULS will actively seek cooperation with future institutional investors to increase its value.“I’m pleased to see that NULS has been selected as the first platform-coin investment by a traditional hedge fund,” COO Isaac Kim said. “Through this investment and partnership, NULS will continue to collaborate with renowned hedge and private equity funds and seek opportunities within traditional financial markets and with institutional investors including joint investments in NULS-based Dapp and Blockchain companies.”We will build a leading position as a partner in the future market entry of institutional investors. Keep your eyes on us in the days ahead!
Submitted October 09, 2018 at 10:44AM
No comments:
Post a Comment