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Cryptocurrency VC Hypersphere Opens 130 million Dollar Liquidity Fund

2024-07-10 21:03:11
Hypersphere Ventures has opened its $130 million liquid fund to outside investors. Founder Jack Platts has revealed that the company will also raise a separate $75 million new venture capital fund.
The liquid fund, called Atlas, is a multi-manager fund that aims to deliver 40 per cent returns through a variety of trading strategies, including DeFi, quant, market making and arbitrage. It also offers co-investments in private funding rounds, such as Toncoin.