Bitcoin

A hedge fund meets $ 100 million in a financing round

Alpha Sigma Capital, a hedge fund focused on the crypto-currency, has made it fly with investors. The company has managed to raise $ 100 million in its last round of funding.

A background of speculative, full of the future

The future of Sigma Capital announces under the best auspices, after having raised about $ 100 million with institutional investors. The hedge fund dedicated to crypto-currencies has been co-founded by the former managing director of Nasdaq, Enzo Villani, and Michael Onghai, a partner at MGT Capital.
Sigma Capital has managed to raise significant funding because of the growing interest by investors in crypto-currencies, especially in this time of economic fragility.

“As more uncertainties around 2020, we need more innovative products, more variety of assets to help the investor to navigate through the cloud,” said Andy Cheung, director of OKEx, and an advisor to Alpha Sigma.

For its part, Sigma Capital redirects the investors in the portfolio diversification, by offering the various opportunities offered by the crypto-industry.

Investment well placed

Since its launch last January, Alpha Sigma Capital has been able to prove its value by investing in crypto-projects of first rank.

“Alpha Sigma Capital was created to invest in promising projects as we enter into the phase of adoption of blockchains and digital assets,” said Enzo Villani, CEO and co-founder of Alpha Sigma Capital.

In the past two months, Alpha Sigma Capital has invested in the protocol Blockchain Factum, the platform of artificial intelligence, decentralized SingularityNet and the protocol Korean Carry Protocol.
What do you think of this success of Sigma Capital at the time of the funding round? Let us know your opinion in the comments section below.
(Be the FIRST to vote)

The latest articles by Océane (view all)

About the author

Jeremiah Faber

Jeremiah Faber

Jeremiah is an explorer by heart – both in the physical and the digital realm. A traveler, Jeremiah continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Jeremiah and through his business acumen has gained financial profits as well as fame in his business niche.