🤑 Standard Chartered’s Crypto Cash Grab: $250M Fund or Financial Fiasco? 🚀

🎩 Standard Chartered’s venture arm, SC Ventures, is cooking up a $250 million crypto fund for 2026-because who needs a piggy bank when you can have a blockchain? 💰 According to Bloomberg (and their trusty sidekick Gautam Jain), this fund is all about digital assets in the financial services sector. Middle East investors are backing this wild ride, so grab your camels and crypto wallets! 🐪

🤔 But wait, there’s more! SC Ventures is also launching a $100 million fund for African investments, because why stop at crypto when you can conquer continents? 🌍 Jain didn’t spill the beans on whether these funds will include crypto or fintech, but we’re betting on a little blockchain magic. ✨

😱 Meanwhile, Standard Chartered is waving red flags over falling market net asset values (mNAVs) for digital asset treasury firms. Apparently, it’s getting tougher for companies to issue shares and hoard crypto. CryptoMoon tried to get the scoop on which coins SC Ventures will include, but crickets so far. 🦗

🌟 SC Ventures: $100 Million for Africa, Because Why Not?

💼 In other news, SC Ventures is considering its first venture debt fund, because debt is the new black. Jain kept it vague, but we’re hoping for some crypto-flavored loans. 🤑

📉 Standard Chartered warned that high-profile treasury firms are slipping below the critical one mNAV level. Translation: It’s harder to issue shares and stack sats. But hey, large firms like Strategy and Bitmine are still flexing their low-cost debt muscles. 💪

Crypto Market Chaos

🎭 “The recent collapse in DAT mNAVs will likely drive differentiation and market consolidation,” Standard Chartered said, basically predicting a crypto Hunger Games. May the odds-and the largest funders-be ever in your favor! 🎲

🚀 Meanwhile, Nasdaq’s Helius Medical Technologies is going all-in with a $500 million corporate treasury reserve, starring Solana (SOL) as the leading asset. They’re planning to “significantly scale” their SOL holdings, so get ready for more altcoin action! 🌙

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2025-09-16 13:04