#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Seven Seas Capital launches the Decentralized Finance fund 'ETH Decentralized Finance Yield Fund' to expand the product range for institutional investors.
Jinse Finance reported that Seven Seas Capital, a Decentralized Finance investment strategy institution, announced the launch of a Decentralized Finance fund, 'ETH Decentralized Finance Yield Fund,' aiming to expand its product range for institutional investors. It is reported that the fund plans to use Decentralization exchange market-making and take leveraged positions for risk mitigation, providing investors with a simple entry point to obtain ETH yields. Subsequently, it will also launch products related to BTC. Data shows that Seven Seas Capital has attracted over $2.8 billion in funds for its non-custodial on-chain yield products in the past three years.