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Digital asset financial services company Tok-Edge will launch a crypto hedge fund and raise $100 million
ME News message. On April 12 (UTC+8), digital asset financial services company Tok-Edge announced that it plans to launch a crypto hedge fund for institutional investors and to raise $100 million in its first round by 2026. The new fund’s long-term objective is to build an institutional-grade, compliant crypto asset allocation infrastructure, with an initial size of $21 million. Veteran traditional finance investor Marcus Meijer and his investment alliance are investors in the fund; the latter plans to serve as a cornerstone investor and plans to provide $10 million in funding. (Source: ChainCatcher)