Sign In  |  Register  |  About Los Altos  |  Contact Us

Los Altos, CA
September 01, 2020 1:26pm
7-Day Forecast | Traffic
  • Search Hotels in Los Altos

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Crypto Fund Matrix Raises $200 Million Funding

Web3 innovative fund manager Matrix Fund announces the completion of its first round of $200 million institution investment. This funding will be used for crypto and Web3 investments. According to its official website, Matrix Fund is the first decentralized innovative ETF provider, combining expertise in both blockchain technology and asset management to achieve transparent and safe investments.

It is said that the core team of Matrix Fund is composed of best minds from Bitwise and Web3 tech. Its professional strategy and information sharing with the world leading asset management company gains a unique strength in expanding access to crypto investment. Since launch, The independent fund startup has been favored by companies like Bitwise and prominent investors such as Alex Zhu. It seems that Matrix Fund is a brand-new attempt by leading capitals like Bitwise in innovative crypto funds, promising a transformative business model in the Web3 realm.

With the aim of pursuing long-term stable returns, Matrix Fund leans on its expertise of risk parity balanced portfolios based on professional macro judgement to craft diversified, 24/7 crypto asset management strategies that can equalise exposure to different kinds of volatility and cater to needs of different investors in different times. In addition to the $200 million institutional investment, we have learned from relevant sources that Matrix Fund will soon launch METF fund to serve HNWIs worldwide in recent days.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 LosAltos.com & California Media Partners, LLC. All rights reserved.