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On 22 March, the FTX estate filed a motion to enter into a settlement to recover $460 million in assets for stakeholders.

https://ambcrypto.com/ftx-to-claw-back-460-million-from-sbf-backed-hedge-fund/

ConsenSys has created the first staking marketplace for organizations on the MetaMask Institutional web3 wallet.

https://crypto.news/consensys-launches-institutional-staking-marketplace-on-metamask/

Crypto Finance will provide Apex with the digital infrastructure needed to issue structured investment products.

https://www.coindesk.com/business/2023/03/22/crypto-finance-and-apex-group-to-offer-institutional-crypto-products/

Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97% of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.

https://www.reuters.com/technology/ftx-reaches-deal-recover-over-400-mln-hedge-fund-modulo-2023-03-22/

Digital assets manager CoinShares says institutional crypto investment products suffered their sixth consecutive week of outflows last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional crypto investment products suffered outflows of nearly $95 million last week despite a broader crypto market rally.

https://dailyhodl.com/2023/03/20/institutional-investors-take-contrarian-positions-amid-crypto-rally-as-markets-see-more-outflows-coinshares/

Another day, another SEC enforcement action. The U.S. securities watchdog has just filed an emergency action against Miami-based investment adviser BKCoin in connection with an alleged $100 million fraud scheme.

https://zycrypto.com/sec-freezes-assets-of-miami-based-crypto-hedge-fund-in-100-million-crypto-fraud-case/

Digital assets manager CoinShares says institutional crypto investment products suffered their fourth consecutive week of outflows last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional crypto investment products suffered outflows of nearly $20 million last week, along with minor inflows into short investment products.

https://dailyhodl.com/2023/03/06/institutional-investors-move-money-out-of-crypto-markets-for-fourth-straight-week-coinshares/

Coinbase has acquired One River Digital Asset Management (ORDAM) to offer institutional clients investment advice. The purchase, announced Friday (March 3), is designed to further Coinbase's “goal of bridging the gap between institutions and the cryptoeconomy,” the cryptocurrency company said on its blog.

https://www.pymnts.com/cybersecurity/2023/coinbase-buys-one-river-digital-to-bridge-crypto-institutional-gap/?SNAPI

One of Coinbase's top executives says that institutional investors may be more open to crypto assets beyond Bitcoin (BTC) and Ethereum (ETH) than people realize.

https://dailyhodl.com/2023/03/05/coinbase-executive-says-institutions-looking-beyond-bitcoin-and-ethereum-and-into-altcoin-markets/

Digital asset investment firm Multicoin Capital lost as much as 91.4% in 2022 as investors rushed for the exits following the catastrophic collapse of FTX.

https://cryptonews.com/news/investor-letter-shocker-multicoin-capitals-hedge-fund-reports-914-loss-2022-heres-what-happened.htm

The fund's performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.

https://www.coindesk.com/business/2023/03/04/multicoin-capitals-hedge-fund-lost-914-last-year-investor-letter-reveals/

A total of five crypto companies end their partnership with Silvergate bank on March 2 after a series of lawsuits and investigations against the fintech bank.

https://cointelegraph.com/news/coinbase-cutting-ties-with-silvergate-forces-crypto-hedge-fund-to-find-a-new-bank

Crypto hedge fund managing $400 million is now looking to transition into using Swiss banks following the alerting fallout of ailing U.S. lender SilverGate Capital Corp.

https://blockchainreporter.net/crypto-hedge-fund-eyes-swiss-banks-amid-silvergate-fallout/?SNAPI

Digital assets manager CoinShares says institutional crypto investment products were largely shorted by investors last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional digital asset investment products suffered minor outflows last week, contrasted by major inflows into short investment products. “Digital asset investment products saw minor outflows totaling US$2m.

https://dailyhodl.com/2023/02/27/institutional-investors-go-short-on-crypto-markets-as-macro-data-sparks-nervous-sentiment-coinshares/

Latest market news for month November, 2019