Wu said that Further Asset Management, a UAE digital asset investment management company, and 3iQ have announced the launch of the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy digital asset hedge fund. The fund has completed its first round of fundraising, raising $100 million from institutions, family offices, and sovereign funds. The fund structure provides risk-managed exposure to digital assets and includes a BTC share class, anchored by a large in-kind BTC contribution from a family office in Abu Dhabi.
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Wu said that Further Asset Management, a UAE digital asset investment management company, and 3iQ have announced the launch of the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy digital asset hedge fund. The fund has completed its first round of fundraising, raising $100 million from institutions, family offices, and sovereign funds. The fund structure provides risk-managed exposure to digital assets and includes a BTC share class, anchored by a large in-kind BTC contribution from a family office in Abu Dhabi.