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