Former PayPal Executives Investe Millions in Cryptocurrency Index Fund

Bitwise Asset Management’s Hold 10, a cryptocurrency index fund that invests in the top 10 cryptocurrencies in the global market, has raised $4 million from former PayPal executives. Risk Minimization Investors including prominent venture capitalist Naval Ravikant, Keith Rabois, and former PayPal chief operating officer and product leader David Sacks have contributed to the $4 million investment round of Hold 10. According to Bitwise CEO Hunter Horsley, Hold 10 is only open to accredited investors and allows its investors to allocate funds into the 10 largest cryptocurrencies in the market…

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