BlockBeats News, February 26 — The crypto incubator WebN Group, supported by billionaire Alan Howard, is about to shut down. The organization previously invested in digital asset infrastructure projects such as KAIO (formerly Libre), Twinstake, TruFin, and Geometry, and in 2023 received investment from Laser Digital, a crypto joint venture platform under Nomura Japan.
Sources familiar with the matter say WebN is considered to have “fulfilled its mission,” and some employees have already transferred to Brevan Howard. Previously, Brevan Howard’s digital asset fund suffered nearly 30% losses in 2025 and significantly reduced its holdings of BlackRock’s iShares Bitcoin Trust by about 85%. (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analysts: March CPI print already baked into BTC price
The February CPI data came in broadly as anticipated, reinforcing that higher inflation remains a factor but not a surprise driver for markets. Analysts at 21Shares argued that the macro picture had already priced in the March print, shifting attention to how the Federal Reserve would respond. The
CryptoBreaking16m ago
Bitcoin Hits $69K Triggering $192M Liquidations As Traders Eye Next Move
_Bitcoin moved to $69K liquidated $103M in short positions within a $192M total market wipeout._
_Key liquidity clusters now sit between $66K–$69K and $71K–$74K creating a balanced market setup._
_Traders monitor whether BTC holds above $69K or targets lower liquidity near $66K._
Bitcoi
LiveBTCNews56m ago
