Morgan Creek Capital Management, LLC

ProvLabs, a strategic carve-out from the Provenance Blockchain Foundation, has closed its initial funding round led by Morgan Creek Digital and GateCap Ventures, with backing from major investors like Animoca Brands, BlockChange Venture, CMT Digital, and others. The company delivers enterprise-grade APIs and SaaS solutions for real-world asset tokenization, loan origination, securitization, and payments. With over $12B in locked asset value and more than $40B in transaction volume on Provenance Blockchain, we believe ProvLabs is poised to lead the next wave of tokenization. Learn more: provlabs.io

Exciting news for Web3! Immutable and Sequence have partnered with the intention to elevate in-game and cross-game experiences for players and developers alike. Combining Sequence's developer solutions with Immutable’s expansive Web3 gaming ecosystem may be a game changing toolkit for the Web 3 industry—leveling up secure wallet infrastructure, analytics, gaming-focused marketplaces, and low-code development options. Read more below. https://lnkd.in/g3hwtAdV

Morgan Creek portfolio company, Bitwise Asset Management, recently announced its acquisition of Attestant Limited, an established Ethereum staking provider, integrating $3.7 billion in staked assets and broadening Bitwise’s offerings for institutional clients. With this addition, Bitwise aims to offer more comprehensive on-chain solutions, including Ethereum staking, alongside its current range of ETPs, private funds, and separately managed accounts. Attestant's team and services, known for technical rigor and robust reporting, will form the foundation of Bitwise Onchain Solutions (Bitwise OS). This collaboration may reflect Bitwise’s view of the growing demand for professional, secure staking options in the digital asset space. Read more below. https://lnkd.in/eWSkFwfs

Karthik Ramakrishnan, CEO of Armilla AI, a Morgan Creek portfolio company, highlighted the growing need for explicit AI coverage as companies could face exposure without it, citing active lawsuits in the U.S. on issues like AI bias and misuse to demonstrate the risk. According to Ramakrishnan, AI-related risks are not typically covered under standard cyber insurance policies, and it’s unclear if errors and omissions (E&O) policies would apply either. Therefore, in response, Armilla AI provides specialized AI insurance, including a product guarantee that covers performance failures based on stress-testing AI models. For more refer to Armilla AI CEO: Most AI coverage not fit for purpose | The Insurer TV

Once a small fishing port, Singapore has evolved into a global financial leader with a progressive approach to crypto and fintech—making it a potential market leader for the future of digital assets. With Gemini’s recent In-Principle Approval (IPA) from the Monetary Authority of Singapore for a Major Payment Institution (MPI) license, they intend to expand their services and drive growth within Asia’s digital asset ecosystem. To support said efforts, Gemini is actively expanding their regional team in Singapore. See link below.  https://lnkd.in/dSusf_nD

https://lnkd.in/ePh4yjRY

Dubai is a leading hub for Artificial Intelligence (AI) and Blockchain education, innovation, and advisory services, aimed at fostering the growth of AI and Blockchain technology within the UAE. Dubai strives to create a platform to support private (startups) and government initiatives, facilitating collaborative research and innovation across industries aimed at efficiency, economic growth, and sustainability. Stay tuned for further insights and connections from Mark Yusko and Xavier Segura's travels. #MorganCreekDigital #AroundTheWorldMCD

🔍 Specials thanks to Chief Legal Officer at Gemini, Tyler Meade, for sharing insights on DeFi infrastructure and institutional adoption. Gemini is a U.S.-based cryptocurrency exchange offering users a secure platform to buy, sell, and store digital assets like Bitcoin and Ethereum. It emphasizes regulatory compliance and provides features like insured hot wallets and institutional-grade security. This guest lecture at Cornell provided a deep dive into how Gemini is seeking to revolutionize finance.

The FHE Technical Consortium for Hardware (FHETCH) has been established with the goal of improving interoperability between Fully Homomorphic Encryption (FHE) hardware and software, fostering the development of commercially viable solutions. Founded by Optalysys, and Morgan Creek portfolio companies, Chain Reaction Ltd. and Niobium Microsystems, the consortium aims to simplify FHE deployments through an API abstraction layer and enhance innovation in hardware acceleration. FHETCH also seeks to ensure compliance with global regulations and enable secure data processing across various industries.

Excited to announce that our General Partner, Dr. Sachin Jaitly is teaching "Cryptocurrency, Blockchain, and Public Policy" course at Cornell University. The focus is on the fundamentals of blockchain technology, the economic theory supporting it, and the impact on public policy. 📚 The course will feature guest lectures from industry leaders at Gemini, Ledger, Elementus, Improbable, and Avalanche.