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