Tag: Baekdu

Baekdu Technologies Inc. has secured $1 million pre-A funding, led by Mirae Asset Venture Investment. Baekdu is one of two companies that Mirae Asset has invested through its proprietary fund this year. Baekdu Technologies is a blockchain hedge fund that invests in ways only present in DeFi. A blockchain hedge fund differs from crypto hedge funds in that crypto hedge funds invest in digital assets but use traditional investment methods while blockchain hedge funds use blockchain technology and develop smart contracts to implement DeFi-specific strategies. Strategies include: cross-chain arbitrage, carry trades, yield farming, LP fee·funding fee·interest accumulation, and other tech-focused ... Read more