A small-ish hedge fund specializing in quantitative investment for digital assets, Cambrian Asset Management, has announced in a filing with the Securities and Exchanges Commission they raised $10,894,480 for what they called Cambrian Core Blockchain Fund LP.
They describe themselves as using a “data and software-driven approach to investment management,” making this what sounds like a hands on trading fund.
Some 34 investors took part with no minimum investment requirement according to their filing.
So showing the crypto investment space is both increasing and professionalizing with a significant ecosystem now developing around crypto investment.
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Source: https://www.trustnodes.com/2021/05/31/cambrian-quant-fund-raises-11-million-for-cryptos