Huobi founder Li Lin's family office Avenir Capital has established a $500 million crypto quantitative fund of funds

ChainCatcher news, according to Deep Tide TechFlow, Huobi founder Li Lin's family office Avenir Capital has established a crypto quantitative fund of funds, Avenir Crypto, with an initial fund size of 500 million USD.

The fund will invest 200 million USDT, 3,000 bitcoins, and 50,000 ETH, with Binance as the trading venue, using API keys and SDKs for trading.

There are three types of funding methods: 100% funding, co-funding by both parties at the same level, and manager's subordination.