Morgan Creek Intends to Create $500 Crypto Fund

To realize this goal, Morgan Creek acquired a Full Tilt Capital venture company based in North Carolina
28 March 2018   577

The founder of Morgan Creek Capital Mark Yusko said that his company plans to raise $ 500 million of investment to create a new hedge fund focused solely on crypto-assets and other blockchain-based solutions. This is reported by CCN.

Morgan Creek believes blockchain to be one of the most powerful and valuable technologies to have been developed in the digital age and also believes that the disruptive power of the application of blockchain technology across all asset classes will create enormous investment opportunities.
 

Mark Yusko

Founder, Morgan Creek

To realize this goal, Morgan Creek acquired a Full Tilt Capital venture company based in North Carolina, which specializes exclusively in crypto assets investing.

According to managing partner of Full Tilt Anthony Pompliano, the new fund, perhaps, will be engaged in tokenization of real estate, as well as investments in debt and other types of assets. However, he does not rule out that, because of these areas of investment activity, the company may face regulatory difficulties.

If Morgan Creek successfully attracts $ 500 million, this amount will be approximately 25% of the total assets under the company's management, which will make the new hedge fund the largest in the cryptocurrecny market.

Caspian to Launch Crypto Derivatives Trading

Caspian does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x
21 March 2019   83

Caspian, an asset-oriented asset management platform, has launched cryptocurrency derivatives trading.

Thanks to integration with Deribit, Caspian customers gained access to trading in futures and options for Bitcoin and Ethereum. Also, the platform will provide the opportunity to trade indefinite bitcoin-swap.

According to Caspian, the platform does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x.

We are excited to be working with Deribit to make the trading of crypto options and futures possible within the institutional community. Our goal at Caspian is to provide crypto traders and investors the same standard of tools and service that exist in the traditional markets and its great knowing that the team at Deribit is working towards the same high standards.
 

Robert Dykes

CEO, Caspian

Caspian noted that their platform connects to Deribit via an API that supports “large trading volumes with extremely low latency”. The platform also has full access to the book of orders of the crypto-derivative stock exchange.