{"id":372363,"date":"2019-02-22T14:40:08","date_gmt":"2019-02-22T14:40:08","guid":{"rendered":"https:\/\/uniquehot.com\/?p=372363"},"modified":"2019-02-22T14:40:08","modified_gmt":"2019-02-22T14:40:08","slug":"another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/","title":{"rendered":"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions"},"content":{"rendered":"<p>The University of Michigan&#8217;s $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by <a href=\"https:\/\/uniquehot.com\/2014\/03\/23\/andreessen-horowitz-plans-put-hundreds-millions-additional-dollars-bitcoin\/\">Andreessen Horowitz<\/a>.<\/p>\n<p>The public university said in its <a href=\"http:\/\/regents.umich.edu\/meetings\/02-19\/2019-02-IX-1.pdf\" rel=\"nofollow\">Regents Communication agenda<\/a>\u00a0that it was looking to make additional investments into the California-based venture capital firm&#8217;s CNK Fund I. Earlier, in June 2018, the endowment had committed $3 million to the same fund. However, this time, it didn&#8217;t reveal the number it plans to invest.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">University of Michigan\u2019s Endowment invested in a16z crypto back last year but has approved follow on investment recently. The rationale listed below I find interesting and bullish for the ecosystem: <a href=\"https:\/\/t.co\/H7cMLklew6\" rel=\"nofollow\">pic.twitter.com\/H7cMLklew6<\/a><\/p>\n<p>&mdash; David Nage\ud83c\udfaf (@DavidNage) <a href=\"https:\/\/twitter.com\/DavidNage\/status\/77866496?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 22, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>CNK invests in startups involved in the cryptocurrency technology at &#8220;seed, venture and growth stage&#8221; levels.\u00a0Kevin Hegarty, the chief financial officer at the University of Michigan, wrote that crypto recently became &#8220;an important area of innovation and entrepreneurship&#8221; that explains converged attention. He said that the cryptocurrency technology was becoming more visible and understandable compared to earlier.<\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<blockquote><p>&#8220;Crypto is currently regarded as a distinct type of technology by entrepreneurs, funding sources, and developers. By creating a separate fund, AH hopes [to put itself in a better\u00a0position] within this community that would be the case by continuing to invest through its general IT funds.&#8221;<\/p><\/blockquote>\n<h2>Traditional Funds and Crypto<\/h2>\n<p>The University of Michigan&#8217;s investment comes amidst growing speculation about institutional investments in the cryptocurrency space. Earlier this week, two Virginia pension funds <a href=\"https:\/\/uniquehot.com\/2019\/02\/19\/six-billion-crypto-sidelines-10000-bitcoin-possible\/\">invested<\/a> undisclosed sums into Morgan Creek Digital&#8217;s $40 million venture fund. The same fund also attracted investment from an insurance company, a university endowment fund,\u00a0and a private foundation, Anthony Pompliano, the founder of Morgan Creek Digital, confirmed.<\/p>\n<div class=\"jeg_video_container jeg_video_content\"><\/iframe><\/div>\n<p>Nevertheless, the entire crypto market remains in what is confirmed to be its <a href=\"https:\/\/uniquehot.com\/2018\/11\/30\/will-history-repeat-bitcoin-price-patterns-repeating-previous-market-cycle\/\">most extended bear phase<\/a>. In 2018, the industry\u00a0lost nearly 1\/3rd of its valuation owing to the death of a majority of ICO startups. Universities like Yale, Massachusetts Institute of Technology and Harvard invested in crypto funds even when market sentiments&#8217; were weak.<\/p>\n<p>\u201cThere\u2019s a belief in the institutional world that if the industry is around for a long time, it will be [precious],\u2019\u2019 Pompliano <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-02-12\/first-u-s-pension-funds-take-the-plunge-on-crypto-investing\" rel=\"noopener nofollow\">told<\/a> Bloomberg. \u201cThe smart money is not distracted by price but looks at the long-term trends, and believes they\u2019re betting on innovation as a great way to deliver risk-mitigated returns.\u2019\u2019<\/p>\n<h2>Validating Bulls<\/h2>\n<p>Many believe that universities were principally investing in crypto assets via independent funds when the market reached its new lows. For instance, the university\u00a0endowments invested in crypto funds when analysts predicted that bitcoin would bottom-out at $6,000. Chris Dixon, the general partner at Andreessen Horowitz, said that it was utilizing their clients&#8217; capital to invest in crypto assets despite weak market conditions.<\/p>\n<p>\u201cIf there is another \u2018crypto winter,\u2019 we\u2019ll keep investing aggressively,\u201d he stated.<\/p>\n<p>The University of Michigan&#8217;s undisclosed investment also comes at a time when the crypto market is hinting to bottom-out. According to CoinMarketCap.com, the market has added $35 billion worth of capital since its December low at $100 billion.<\/p>\n<figure id=\"attachment_372371\" aria-describedby=\"caption-attachment-372371\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/chart-21.png\" target=\"_blank\" rel=\"noopener \"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-372371\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/chart-21.png?resize=800%2C550\" alt=\"\" width=\"800\" height=\"550\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/chart-21.png?w=800 800w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/chart-21.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/chart-21.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/chart-21.png?w=750 750w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\"><\/a><figcaption id=\"caption-attachment-372371\" class=\"wp-caption-text\">Crypto Market Global Chart | Source: CMC<\/figcaption><\/figure>\n<p>Psychologically, significant endowments\/funds gaining stakes in crypto ventures prompt retailers to stay bullish about the industry. With a recovery already in process, the public university&#8217;s announcement could strengthen the buying sentiment in the crypto market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The University of Michigan&#8217;s $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz. The public university said in its Regents Communication agenda\u00a0that it was looking to make additional investments into the California-based venture capital firm&#8217;s CNK Fund I. Earlier, in June 2018, the endowment had committed $3 million to the same fund. However, this time, it didn&#8217;t reveal the number it plans to invest. University of Michigan\u2019s Endowment invested in a16z crypto back last year but has approved follow on investment recently. The rationale listed below I find interesting and bullish for the ecosystem: pic.twitter.com\/H7cMLklew6 &mdash; David Nage\ud83c\udfaf (@DavidNage) February 22, 2019 CNK invests in startups involved in the cryptocurrency technology at &#8220;seed, venture and growth stage&#8221; levels.\u00a0Kevin Hegarty, the chief financial officer at the University of Michigan, wrote that crypto recently became &#8220;an important area of innovation and entrepreneurship&#8221; that explains converged attention. He said that the cryptocurrency technology was becoming more visible and understandable compared to earlier. &#8220;Crypto is currently regarded as a distinct type of technology by entrepreneurs, funding sources, and developers. By creating a separate fund, AH hopes [to put itself in a better\u00a0position] within this community that would be the case by continuing to invest through its general IT funds.&#8221; Traditional Funds and Crypto The University of Michigan&#8217;s investment comes amidst growing speculation about institutional investments in the cryptocurrency space. Earlier this week, two Virginia pension funds invested undisclosed sums into Morgan Creek Digital&#8217;s $40 million venture fund. The same fund also attracted investment from an insurance company, a university endowment fund,\u00a0and a private foundation, Anthony Pompliano, the founder of Morgan Creek Digital, confirmed. Nevertheless, the entire crypto market remains in what is confirmed to be its most extended bear phase. In 2018, the industry\u00a0lost nearly 1\/3rd of its valuation owing to the death of a majority of ICO startups. Universities like Yale, Massachusetts Institute of Technology and Harvard invested in crypto funds even when market sentiments&#8217; were weak. \u201cThere\u2019s a belief in the institutional world that if the industry is around for a long time, it will be [precious],\u2019\u2019 Pompliano told Bloomberg. \u201cThe smart money is not distracted by price but looks at the long-term trends, and believes they\u2019re betting on innovation as a great way to deliver risk-mitigated returns.\u2019\u2019 Validating Bulls Many believe that universities were principally investing in crypto assets via independent funds when the market reached its new lows. For instance, the university\u00a0endowments invested in crypto funds when analysts predicted that bitcoin would bottom-out at $6,000. Chris Dixon, the general partner at Andreessen Horowitz, said that it was utilizing their clients&#8217; capital to invest in crypto assets despite weak market conditions. \u201cIf there is another \u2018crypto winter,\u2019 we\u2019ll keep investing aggressively,\u201d he stated. The University of Michigan&#8217;s undisclosed investment also comes at a time when the crypto market is hinting to bottom-out. According to CoinMarketCap.com, the market has added $35 billion worth of capital since its December low at $100 billion. Psychologically, significant endowments\/funds gaining stakes in crypto ventures prompt retailers to stay bullish about the industry. With a recovery already in process, the public university&#8217;s announcement could strengthen the buying sentiment in the crypto market.<\/p>\n","protected":false},"author":496,"featured_media":372380,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,12132,3,4],"tags":[428,14040],"class_list":["post-372363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-blockchain","category-news","category-analysis","tag-bitcoin","tag-institutional-investors"],"acf":[],"yoast_head":"\n<title>Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions<\/title>\n<meta name=\"description\" content=\"The University of Michigan&#039;s $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions\" \/>\n<meta property=\"og:description\" content=\"The University of Michigan&#039;s $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-22T14:40:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Davit Babayan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Davit Babayan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/\"},\"author\":{\"name\":\"Davit Babayan\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\"},\"headline\":\"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions\",\"datePublished\":\"2019-02-22T14:40:08+00:00\",\"dateModified\":\"2019-02-22T14:40:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/\"},\"wordCount\":546,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667\",\"keywords\":[\"bitcoin\",\"Institutional Investors\"],\"articleSection\":[\"Bitcoin\",\"Blockchain\",\"Cryptocurrency Market News\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/\",\"url\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/\",\"name\":\"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667\",\"datePublished\":\"2019-02-22T14:40:08+00:00\",\"dateModified\":\"2019-02-22T14:40:08+00:00\",\"description\":\"The University of Michigan's $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\",\"name\":\"Davit Babayan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"caption\":\"Davit Babayan\"},\"description\":\"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \\\"A Homeless Who Found Bitcoin.\\\"\",\"url\":\"https:\/\/uniquehot.com\/author\/davitbabayan\/\"}]}<\/script>\n","yoast_head_json":{"title":"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions","description":"The University of Michigan's $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/","og_locale":"en_US","og_type":"article","og_title":"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions","og_description":"The University of Michigan's $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz.","og_url":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-02-22T14:40:08+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Davit Babayan","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Davit Babayan","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/"},"author":{"name":"Davit Babayan","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223"},"headline":"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions","datePublished":"2019-02-22T14:40:08+00:00","dateModified":"2019-02-22T14:40:08+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/"},"wordCount":546,"commentCount":0,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667","keywords":["bitcoin","Institutional Investors"],"articleSection":["Bitcoin","Blockchain","Cryptocurrency Market News","Technical analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/","url":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/","name":"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667","datePublished":"2019-02-22T14:40:08+00:00","dateModified":"2019-02-22T14:40:08+00:00","description":"The University of Michigan's $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667","width":1000,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223","name":"Davit Babayan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","caption":"Davit Babayan"},"description":"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \"A Homeless Who Found Bitcoin.\"","url":"https:\/\/uniquehot.com\/author\/davitbabayan\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions","url":"http:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Davit Babayan"}],"creator":["Davit Babayan"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","institutional investors"],"dateCreated":"2019-02-22T14:40:08Z","datePublished":"2019-02-22T14:40:08Z","dateModified":"2019-02-22T14:40:08Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/another-university-endowment-invests-in-crypto-fund-2019-is-the-year-of-institutions\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/02\\\/shutterstock_309525356.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/02\\\/shutterstock_309525356.jpg?fit=1000%2C667\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Davit Babayan\"}],\"creator\":[\"Davit Babayan\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"institutional investors\"],\"dateCreated\":\"2019-02-22T14:40:08Z\",\"datePublished\":\"2019-02-22T14:40:08Z\",\"dateModified\":\"2019-02-22T14:40:08Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/shutterstock_309525356.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/372363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/496"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=372363"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/372363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/372380"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=372363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=372363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=372363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}