TechFlow news, September 5 — According to The Block, Singapore-based cryptocurrency advisory firm BlockSpaceForce has partnered with locally licensed fund management company Mainnet Capital to launch a new hedge fund focused on investing in publicly listed companies related to cryptocurrencies. The fund targets $100 million in assets under management and will primarily invest in Digital Asset Trusts (DATs) and other crypto-related equities.
Spencer Yang, managing partner of the fund, said investment targets fall into three categories: pure-play crypto companies (such as Coinbase and Circle), traditional companies expanding into crypto businesses, and platforms integrating digital assets (such as Robinhood). The fund adopts a perpetual open-ended structure and is currently focusing on DATs related to Bitcoin, Ethereum, Chainlink, and Solana.
