China Digest: Crypto specialist Metalpha invests in NextGen; Deptrum raises $28m

China Digest: Crypto specialist Metalpha invests in NextGen; Deptrum raises $28m

FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo

Crypto wealth management firm Metalpha Technology has invested in NextGen Digital Venture to provide traditional capital with exposure to digital assets. Separately, China-based 3D computer vision technology developer Deptrum has closed a CICC Capital-backed Series B round at 200 million yuan ($28.1 million).

Edited by: Pramod Mathew