The digital asset financial services company Tok-Edge will launch a cryptocurrency hedge fund and raise $100 million

According to Benzinga, digital asset financial services company Tok-Edge announced the launch of a crypto hedge fund aimed at institutional investors, with a goal of raising $100 million in its first round by 2026.

It is reported that Tok-Edge had previously been in "stealth mode." The long-term goal of the new fund is to build a compliant crypto asset allocation infrastructure for institutions, with an initial size of $21 million. Traditional finance veteran investor Marcus Meijer and his investment alliance are the fund's investors, with the latter planning to provide $10 million as a cornerstone investor.