2024

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 <p class="is-style-lead">Former LedgerPrime personnel have initiated Split Capital, a <a rel="noopener noreferrer nofollow" title="hedge" href="https://thebittimes.com/tag/hedge.html">hedge</a> fund focusing on long-term investments in liquid <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> tokens.</p>
 <p>The venture was initiated by LedgerPrime alumni Zaheer Ebtikar and Michael Churchouse, along with Nai Boonkongkird. Shiliang Tang, the former chief investment officer at LedgerPrime, will advise the fund.</p>
 <p>Reported first by Fortune, Split Capital presents a unique approach to its investment strategy. Unlike many venture capital firms active in crypto, which tend to divest quickly once <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> <a rel="noopener noreferrer nofollow" title="asset" href="https://thebittimes.com/tag/asset.html">asset</a>s become liquid, Split Capital aims to take a longer-term perspective on token investments. This strategy is intended for investors willing to commit to the crypto market over an extended period.</p>
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    <p lang="en" dir="ltr">It's been a long time coming but I'm thrilled to announce the official <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> of Split Capital, a liquid <a rel="noopener noreferrer nofollow" title="digital" href="https://thebittimes.com/tag/digital.html">digital</a> <a rel="noopener noreferrer nofollow" title="asset" href="https://thebittimes.com/tag/asset.html">asset</a>s fund.<br><br>Split Capital, as a concept, has been in my mind for years now and it's been a dream to finally see it come to fruition.https://t.co/cItdgFl3Ao</p>— Zaheer (@SplitCapital) January 19, 2024
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 <p>In demonstrating the firm’s investment focus, Ebtikar referred to past recommendations made by his team, including tokens such as Solana, Lido, and Synapse. Notably, the defunct crypto exchange FTX acquired LedgerPrime in 2021.</p>
 <p>The new fund has secured backing from notable investors such as Novi Loren, UTXO Management, and Dan Matuszewski of CMS Holdings. However, the fund size has not been disclosed due to regulatory constraints.</p>
 <p>Ebtikar worked as a portfolio manager there until September 2023, and Churchouse, formerly of Nickel Digital Asset Management’s defi investment team, brought industry experience to Split Capital.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/former-ledgerprime-employees-launch-new-digital-asset-hedge-fund-tbt77129.html">https://thebittimes.com/former-ledgerprime-employees-launch-new-digital-asset-hedge-fund-tbt77129.html</a></p>

Former LedgerPrime employees launch new digital asset hedge fund

TheBitTimes

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