BitMEX Co-Founder Seeks $250 Million for Crypto Private Equity Fund
Arthur Hayes plans to raise $250 million through his Maelstrom family office to invest in mid-sized cryptocurrency companies, focusing on trading infrastructure and analytics platforms.
Fact Check
The statement is directly confirmed by a large number of highly credible and independent sources, including Bloomberg, Coindesk, The Block, and Private Equity Insights. These sources corroborate that BitMEX co-founder Arthur Hayes, through his family office Maelstrom, is seeking to raise at least $250 million for a debut private equity fund focused on acquiring crypto firms.
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Summary
Arthur Hayes, co-founder of BitMEX, is working to raise $250 million for his Maelstrom family office to launch a private equity fund aimed at acquiring mid-sized cryptocurrency companies. The fund will focus on investments ranging from $40 million to $75 million per firm, with a primary focus on trading infrastructure and analytics platforms.
Terms & Concepts
- Private Equity Fund: An investment vehicle that pools capital from investors to acquire and manage companies, typically aiming for long-term growth and profitability.
- Cryptocurrency Companies: Businesses that operate within the digital currency sector, including exchanges, blockchain development firms, and related service providers.