Billionaire hedge fund manager Alan Howard, who has been a veteran supporter of the crypto sphere, has reportedly made two recent investments in two crypto-assets startups. 

Specifically, The co-founder of major asset manager Brevan Howard reportedly spearheaded an extension fundraising, with a value equivalent to $25-million, for a crypto company from London – Copper.co. Previously, the London entity managed to secure $50-million via a Series B funding round, with the participation of numerous firms, nominally Dawn Capital and Target Global.

The extra funding will reportedly be channeled towards reinforcing Copper’s professional knowledge by assisting traditional entities to be beneficial from blockchain and crypto. 

The company reportedly highlighted that the extra funding is a sign that the crypto is reeling in additional interest from the traditional industry. 

Before the Copper investment, Howard has reportedly led another funding round for the Asia-based crypto investment platform Kikitrade, attracting $12-million, which will primarily be invested in widening the scope of its offerings and compliance throughout Australia, Hong Kong, Taiwan, and Southeast Asia.

Howard has reportedly made numerous investments in top-tier crypto entities, nominally EU-headquartered virtual asset management firm CoinShares, blockchain and software development entity Block.one and institutional crypto trading platform Elwood.

Howard also has possession of a 25% stake with One River Digital Asset Management, a hedge fund in the US, which has finalized the purchase of $600 million equivalent of Bitcoin (BTC) and Ether (ETH) in 2020. 

In early 2021, Howard reportedly spearheaded a $25-million funding round for Komainu – a crypto asset custody services provider, formed by international bank Nomura, via a collaboration with crypto wallet entities Ledger and CoinShares.