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PANews news on May 22, according to Fortune magazine, cryptocurrency hedge fund BXB Capital plans to raise 1,000 bitcoins to launch the fund in July, and has raised about 400 bitcoins (approximately $10 million). BXB Capital will focus on margin futures trading, with trading strategies and investor returns also denominated in Bitcoin. BXB Capital was previously in the limelight with the Kimchi premium and the first Korean won-backed stablecoin.
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