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British Asset Manager Fasanara Raises $350 Million Crypto and Fintech Fund (Report)

Fasanara Capital Ltd – a London-based asset manager – reportedly closed a $350 million fundraiser and wants to use the financing to invest in cryptocurrency companies and financial technology.
The Crypto Crash Works in Favor of Fasanara
According to a Bloomberg coverage, Fasanara secured its second fund to back technology startups and companies part of the digital asset industry. Specifically, it intends to allocate the $350 million to crypto exchanges and digital lending businesses.
The British organization has previously raised approximately $550 million to support the European tech sector. It invested a significant chunk into the German-based rental startup – Grover – and the Italian buy-now-pay-later entity – Scalapay.
Currently, Fasanara is working on its third fund as it has already amassed $100 million. Francesco Filia – Chief Executive Officer of the company – revealed that, unlike previous financings, this one will be available for new external investors.
He said

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