Chainlink (LINK) price has extended its bullish run above the $40 mark this week as institutional investors, such as Graph Blockchain, continued to invest in popular digital assets. Fundamental analysis: Graph Blockchain allocates $500,000 into LINK Graph Blockchain Inc. has announced it has deployed the final tranche into Chainlink’s token LINK, marking its third token acquisition. After announcing the $2 million deployments on April 6, Graph has invested the final tranche of half a million dollars into LINK. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. “We are very excited to be deploying funds into our third token purchase. We feel strongly that Link will appreciate in value given it has a substantial market cap of over USD $13B, a fixed supply, and is possibly the most important piece of infrastructure in the blockchain ecosystem. Graph understands firsthand how valuable bridging onchain and offchain data sources is to smart contracts and Chainlink is the best solution on the market,” said Paul Haber, Graph Blockchain’s Chief Executive Officer. Before buying LINK, Graph had deployed $1 million of its staking capital into the Polkadot (DOT) and $500,000 into the Cardano (ADA) through its wholly-owned cryptocurrency division Babbage Mining Corp. “As we expand the crypto portfolio, Graph’s value add will include the ability going forward to leverage the crypto acquisitions into building a diversified crypto enterprise within a public company,” said Haber. Graph Blockchain is a company that develops high-performance blockchain solutions including consulting services and data analysis. Chainlink, on the other hand, is a decentralized oracle network that sends off-blockchain data to smart contracts. In other words, it serves as a bridge between
NASA's Crew-1 mission crew members in SpaceX's Crew Dragon spacecraft (left to right): NASA astronauts Shannon Walker, Victor Glover, and Mike Hopkins, as well as JAXA astronaut Soichi Noguchi.
SpaceX via NASA
LOS ANGELES, April 30, 2021 /PRNewswire/ -- Patrick Y. Shim is launching 1927 Capital Management, LLC, a family office in partnership with a multi-generation winemaking family based in Southern California."Patrick Shim is the ideal partner in the establishment of a family office," says Mr. Don Galleano, President of Galleano Winery and third-generation winemaker at the historic Cantu-Galleano Ranch in Mira Loma, CA, whose family is partnering with 1927 Capital Management. "The focus on prudent advanced planning will mean greater security for my family's business and investments, and will offer comprehensive strategies to manage our future." The historic Cantu-Galleano Ranch is located in the Cucamonga Valley region of Southern California. Domenico Galleano originally acquired the land from Colonel Esteban Cantu in 1927, where Galleano Winery operates as the last remaining bonded prohibition-era winery owned and operated by its founding family in the Cucamonga Valley. Mr. Shim served as Managing Director of Investments at Mirae Asset Securities & Investments (USA), LLC, the Los Angeles-based investment banking operation of Mirae Asset Financial Group, a global financial institution with over $400 billion under management. At Mirae Asset, Mr. Shim focused on private equity and real estate investments, as well as the firm's strategic investments. Prior to joining Mirae Asset, Patrick Shim was Senior Vice President of Corporate Strategy and Administration at Hana Financial, Inc. As a member of Hana Financial's senior management team, Mr. Shim was responsible for the firm's corporate strategy, planning, restructuring, and investments. Patrick Shim studied economics at Claremont McKenna College and previously served as chair of the Claremont McKenna College Alumni Association's Los Angeles Chapter. He also has served on the board of directors of Foothill Family Service, a non-profit organization based in Pasadena, CA. Mr. Shim currently serves as a Commissioner of the Planning Commission for the city of Upland in California, as well as a Committee Member of the city's Airport Land Use Committee.
1927 CAPITAL MANAGEMENT, LLCBased in Los Angeles, California, 1927 Capital Management, LLC is a private investment firm in a partnership with a multi-generation winemaking family. The firm invests directly in private equity, venture capital, real estate, and other investment strategies through leading investment managers. View original content:https://www.prnewswire.com/news-releases/industry-veteran-launches-family-office-in-partnership-with-multi-generation-california-winemaking-family-301281390.htmlSOURCE 1927 Capital Management, LLC