Morgan Creek Digital is looking to raise approximately $500 million towards its artificial intelligence, blockchain technologies, chips and data startups. The new fund will focus on early-stage companies that integrate AI with blockchain and use specialized chips for data opportunities. Additionally, Morgan Creek has also expressed plans to engage senior CEOs and partners in different global regions.

Morgan Creek's $500 Million Funding Initiative

Morgan Creek Digital has announced its intention to raise $500 million, aiming to create a new venture fund for industries operating at the intersection of artificial intelligence and blockchain technologies. This fund will target early-stage companies focused on AI-powered blockchain applications and proprietary chip technologies that increase data usage.

One of the main focuses of the new fund will be investing in high-performance chips for Bitcoin mining and training artificial intelligence models in data centers. The hedge fund is in talks with potential investors and partners from Europe, the US, the Middle East, Africa and the Asia-Pacific region.

Mark Yusko, General Partner of Morgan Creek Digital, emphasized the importance of opening up to international markets and stated that the EMEA and APAC regions, in particular, have the potential to become leaders in technology investments in the fields of artificial intelligence and blockchain. This regional interest is supported by increasing levels of funding and investment.

Morgan Creek predicts that APAC countries' investments in productive AI could triple, and capital flows into similar sectors in the EMEA region could increase by 40%. These expansions are expected to add another $30 billion in new net investments over the next year. The organization has raised more than $440 million to date and is demonstrating its capacity to attract significant investments.

Morgan Creek's new fund comes during a boom in the crypto venture capital market. According to data from Galaxy Research, there will be significant funding activities in the first half of 2024, especially for early stage startups. While 2.5 billion dollars were collected through 603 transactions in the first quarter, 3.2 billion dollars were obtained in the second quarter, despite a decrease in the number of transactions.

Market Trends and Future Outlook

Increased investor sentiment due to the expected bull market and fear of missing out (FOMO) may lead to larger increases in funding activities in the crypto venture capital market. As investors begin to take positions to take advantage of new opportunities, this leads to an increase in competition and transaction volume within the sector.

PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.

My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.

THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.

Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who will benefit?

Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.

I EXPLAIN IN DETAIL.

My brothers and sisters who have become a Binance member without reference, please listen carefully;

When you do what I say, you will receive 10 USDT.

Enter the Futures Section from your application,

On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,

My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.

The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.

However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.

Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.

WHEN WILL THE AWARD COME?

Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.

You can help your friends in need by sharing this post.

BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.