Sun, Feb 18, 2024 2:24 PM
Stockology: Better to sit on cash rather than push for investment
A Flip by Avya Verma
Kae Capital, founded in 2012, is a versatile investment powerhouse fueling innovation from pre-seed to pre-Series A stages! Some notable investments: 📌Nazara Technologies (gaming), 📌Porter (logistics tech), 📌HealthKart (health tech), 📌Zetwerk (manufacturing tech), 📌Tata 1MG (health tech), 📌Traya (D2C) and 📌Square Yards (property tech). [📢Source: Kae Capital LinkedIn]
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Cryptocurrency loans are soaring in value, marking a potential warning sign for crypto markets amid post-election investor optimism. “High-risk” DeFi loans have soared following the United States presidential election, according to data shared by IntoTheBlock, in a Nov. 6 X post. High-risk DeFi loans are collateralized by volatile assets that are within 5% of their liquidation threshold.
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The Ethereum Foundation reported that almost $500 million was deployed to support ecosystem projects in 2022 and 2023. The foundation’s 2024 annual report revealed that entities across the Ethereum ecosystem spent $497 million to fund projects, with $240.3 million, or 48.3%, contributed by the Ethereum Foundation itself.
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