NFT News by Thebittimes.Com

Elon Musk emerges as one of the most accomplished entrepreneurs, with a substantial net worth of around $251.3 billion as of December 31, 2023. Naturally, investors are intrigued by Musk’s investment strategies. Musk’s approach to investment s seems clear-cut, especially considering his public disclosures. His investment portfolio consists of companies under his direct influence or ownership and ventures in areas like cryptocurrencies. Remarkably, Musk chooses not to uphold an extensive collection of publicly traded stocks in companies where he lacks active, day-to-day involvement. In this context, Finbold has compiled the following investment portfolio owned by Musk. SpaceX In 2002, Elon Musk founded SpaceX with a mission to revolutionize space technology. Over the years, the company has achieved remarkable milestones, including launching the first private liquid-propellant rocket, Falcon 1, in 2008 and delivering the Dragon spacecraft to the International Space St...

Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong. Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch. According to the September 27 announcement, only professional investors, or individuals possessing an investment portfolio with a value exceeding 8 million Hong Kong dollars ($1 million), as defined by the SAR's Securities & Futures Commission (SFC), can trade AVAX on the Hashkey exchange. Currently, only Bitcoin (BTC), Ether (ETH), and Tether (USDT) are approved by the SFC for retail trading , with the remaining altcoins subject to professional investor restriction.  The SFC has placed significant restrictions on exchanges since regulated retail crypto trading began in Hong Kong in August. Unlike its global counterpart, Hashkey Hong Kong requir...