Tok-Edge is set to launch an institutional cryptocurrency hedge fund and aims to raise $100 million in its first round of funding

BlockBeats News, April 12, Digital asset financial services company Tok-Edge announced the launch of a crypto hedge fund for institutional investors, aiming to raise $100 million in its first round of funding by 2026. The fund's long-term goal is to build a compliant institutional-grade crypto asset allocation infrastructure, starting with an initial size of $21 million.

Traditional finance veteran investor Marcus Meijer and his investment consortium are investors in the fund, with the latter planning to provide $10 million as a cornerstone investor.