Further and 3iQ jointly launch a market-neutral multi-strategy hedge fund for digital assets

ChainCatcher news, UAE digital asset investment management company Further Asset Management and global digital asset investment solutions pioneer 3iQ Corp. have jointly announced the launch of the Further x 3iQ Alpha Digital Fund, a market-neutral multi-strategy hedge fund that provides risk-managed digital asset exposure, including a dedicated Bitcoin share class.

The fund has received $100 million in seed funding from institutional investors, family offices, and sovereign investors. The fund aims to enable institutional investors, family offices, and sovereign wealth funds to efficiently and securely capture excess returns in the liquid digital asset sector within a robust institutional framework, pursuing potential double-digit returns.