Jeff’s Brands Launches $75 Million Cryptocurrency Fund

Nasdaq-listed e-commerce company Jeffs’Brands has unveiled the launch of a dedicated cryptocurrency fund management strategy, allocating up to $75 million. This initiative seeks to maximize returns by focusing on five major cryptocurrencies, including Bitcoin and stablecoins, according to BlockBeats news. The fund will be overseen by Quantum Crypto, a subsidiary of Tectona Ltd., an Israeli public cryptocurrency company. Tectona Ltd. also holds a significant 41% stake in Horizon, a prominent Israeli cryptocurrency trading platform.