Digital Asset Financial Services Firm Tok-Edge to Launch Crypto Hedge Fund and Raise $100 Million

Odaily News: Digital asset financial services firm Tok-Edge announced it will launch a crypto hedge fund targeting institutional investors and aims to achieve a first-round fundraising of $100 million by 2026. It is reported that Tok-Edge has 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 investors in the fund, with the latter intending to provide $10 million as a cornerstone investor. (Benzinga)