Valkyrie Announces $100 Million On-Chain DeFi Fund

TokenInsight news that asset management firm Valkyrie Investments has launched a $100 million on-chain DeFi fund designed to give investors safe and easy access to this fast-growing industry. According to Valkyrie's DeFi managing director Wes Cowan, Valkyrie's on-chain DeFi fund keeps its assets on the chain and therefore has a degree of security that surpasses Galaxy's passively managed DeFi fund. Previously, the SEC extended the deadline for approval of Valkyrie's bitcoin futures ETF to Jan. 7, 2022.