US-listed company Jeffs' Brands launches crypto asset management program, pledges $75 million allocation

Foresight News reports that Nasdaq-listed e-commerce company Jeffs' Brands has announced the launch of a cryptocurrency fund management strategy, allocating up to $75 million. This fund will focus on optimizing returns from five major cryptocurrencies, including Bitcoin and stablecoins. The fund will be managed by Quantum Crypto, a subsidiary of Tectona Ltd. Tectona Ltd is a publicly traded Israeli cryptocurrency company that also holds a 41% stake in Horizon, an institutional cryptocurrency trading platform in Israel.