Tok-Edge Launches Crypto Hedge Fund Targeting $100 Million by 2026
Tok-Edge says the institutional crypto hedge fund began with $21 million, while investor Marcus Meijer and his consortium plan $10 million in cornerstone capital.
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Terms & Concepts
Crypto hedge fund: An investment fund that uses professional strategies to gain exposure to cryptocurrencies and related digital asset markets.
Cornerstone capital: Early investment support from key backers, often used to anchor a fundraising round and attract additional investors.