Brevan Howard's digital assets division has raised $9 million for its Nova Digital Fund

ChainCatcher news, according to The Block, hedge fund Brevan Howard's digital asset division BH Digital has raised $9 million for its Nova Digital Opportunities fund, aimed at its liquidity token strategy. According to a regulatory filing, the fund has three investors, with the first transaction occurring in early March, and the fund was launched in 2022.

It is reported that Nova Digital is led by Kevin Hu, a veteran from BlackRock and Dragonfly Capital. Previously, ChainCatcher reported that in early March, Brevan Howard acquired the Liquid Opportunities fund under Dragonfly. (source link)