Web3 Investment Firm DNA Fund Acquires Investment Management Firm Coral Capital Holding

Bitget2024/10/19 16:15

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On October 19th, DNA Fund, which invests in emerging technologies and Web3, acquired Coral Capital Holdings, an investment management firm that previously managed a multi-million dollar fund for DNA's founders.

DNA and its founders have invested in or founded projects including Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph, and the acquisition will add more than $50 million to DNA Fund's assets under management (AUM), which includes Coral's hedge funds and venture capital funds that focus on DeFi, Artificial Intelligence, Blockchain and other emerging technologies.Some of Coral's top investments include Near Protocol and Atmos Labs.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Super Micro Computer has released its preliminary Q1 results for the 2027 fiscal year, projecting revenue between $18.5 billions and $19.5 billions, significantly exceeding the previous guidance of $14.0 billions to $15.5 billions and analyst consensus of $15.23 billions—an increase of approximately 27%. Gross margin is preliminarily expected to be between 12.0% and 12.5%, also higher than earlier guidance. Following the announcement, the company's share price surged 11% in after-hours trading. The company will hold its full quarterly earnings call on November 3, and final figures may be subject to adjustment.

华尔街见闻•2026/10/20 21:18