The new venture fund, which will remain under the DeFiance name, will focus on liquid crypto investments with a target of raising about $100 million, one person familiar with the matter said. DeFiance is focusing its efforts on institutional investors such as fund of funds and family offices, that person added.
Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators
Aimed at institutional investors, the systematic-based fund will seek to profit off uptrends in crypto markets while sidestepping the downtrends....