{"id":35875,"date":"2021-02-04T20:05:22","date_gmt":"2021-02-04T18:05:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35875"},"modified":"2025-08-29T03:24:39","modified_gmt":"2025-08-29T00:24:39","slug":"paul-tudor-jones-and-ll-cool-j-invest-in-crypto-fund-with-72-million-in-assets","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/paul-tudor-jones-and-ll-cool-j-invest-in-crypto-fund-with-72-million-in-assets\/","title":{"rendered":"Paul Tudor Jones and LL Cool J Invest in Crypto Fund With $72 Million in Assets"},"content":{"rendered":"<p>Rapper James Todd Smith, better known as LL Cool J, billionaire Paul Tudor Jones, former PepsiCo CEO Indra Nooyi and SoFi chief Anthony Noto have invested in a new cryptocurrency venture fund. According to Yahoo! Finance.<\/p>\n<p>The fund will be managed by Glenn Hutchins, founder of New York-based North Island Ventures; James Hutchins, co-founder of Silver Lake; and Travis Scher, vice president of the investment division at Digital Currency Group.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">We believe that crypto offers solutions to some of the world\u2019s most pressing problems, and our mission is to support the best entrepreneurs in the world bringing these solutions to life<\/p>\n<p>\u2014 Travis Scher (@TravisScher) <a href=\"https:\/\/twitter.com\/TravisScher\/status\/1357348684787195904?ref_src=twsrc%5Etfw\">February 4, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>&#8220;We believe that cryptocurrencies offer solutions to some of the most pressing problems. Our mission is to support the world&#8217;s best entrepreneurs who are turning these solutions into reality,&#8221; said Travis Scher.<\/p>\n<\/blockquote>\n<p>The fund&#8217;s partners include Apollo Group cofounder Josh Harris and former TD Ameritrade head Joe Moglia. To date the fund has raised $72 million and invested in Dapper Labs (known for the CryptoKitties game), Nori and Axelar.<\/p>\n<p>Earlier, Paul Tudor Jones <a href=\"https:\/\/u1f987.com\/en\/news\/paul-tudor-jones-investing-in-bitcoin-is-like-backing-early-apple-or-google\">compared<\/a> the purchase of bitcoin with investments in early Apple or Google.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rapper James Todd Smith, better known as LL Cool J, billionaire Paul Tudor Jones, former PepsiCo CEO Indra Nooyi and SoFi CEO Anthony Noto invested in a new cryptocurrency venture fund. According to Yahoo! Finance.<\/p>\n","protected":false},"author":1,"featured_media":35876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1415,1133],"class_list":["post-35875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-celebrities","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35875"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35875\/revisions"}],"predecessor-version":[{"id":35877,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35875\/revisions\/35877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35876"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}