Moon Pursuit Capital launches $100 million crypto fund

Odaily Planet Daily reports that Moon Pursuit Capital, a cryptocurrency-focused investment firm, has announced the launch of a $100 million crypto fund. This new fund will be built around algorithmic trading strategies aimed at maintaining market neutrality. Market-neutral strategies are investment approaches designed to generate returns largely unaffected by overall market volatility, with the goal of eliminating or significantly reducing reliance on the overall market trend. (CoinDesk)