Swiss Bank Sygnum Unveils Bitcoin Yield Fund as BTC DeFi Demand Grows

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[Naval Calls Bitcoin the 'Insurance' for Fiat Currency] On October 1, renowned Silicon Valley angel investor Naval Ravikant posted on the X platform, stating, 'Bitcoin is insurance against fiat currency, and ZCash is insurance against Bitcoin.' Naval has previously invested in companies like Twitter and Uber and is the founder of AngelList.

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