Further and 3iQ jointly launch a market-neutral multi-strategy hedge fund for digital assets

ChainCatcher reports that Further Asset Management, a UAE-based digital asset investment management company, and 3iQ Corp., a global pioneer in digital asset investment solutions, have announced the joint launch of the Further x 3iQ Alpha Digital Fund. This is a market-neutral, multi-strategy hedge fund that provides risk-managed exposure to digital assets, including a dedicated Bitcoin share class. The fund has secured $100 million in seed funding from institutional investors, family offices, and sovereign investors. It aims to enable institutional investors, family offices, and sovereign wealth funds to safely and efficiently capture excess returns in the liquid digital asset space within a robust institutional framework, pursuing potential double-digit returns.