TechFlow news, December 20 — According to DL News, MNNC Group, the firm formerly known as LedgerPrime — an FTX-affiliated crypto hedge fund that rebranded in February — has raised over $100 million. According to filings submitted to the Securities and Exchange Commission on Thursday, the Cayman Islands-based company raised $53 million through two funds. However, Ayesha Kiani, COO of MNNC Group, said: "The amount is much more than that. This is just one of our onshore entities."
Kiani stated on Friday that MNNC Group manages assets exceeding "nine figures," but declined to provide further details. This marks an increase from the "eight figures" the fund reported to Bloomberg in February.
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