Quick take:
- Maitri Capital has announced a Web3 FCA-regulated hedge fund that will invest in a diverse selection of asset classes.
- The fund targets opportunities in locked and unlocked tokens, equity, staking programmes, and liquid tokens.
- Maitri’s approach also includes diversifying investments across DeFi, the metaverse, collateralised lending and blockchain security protocols.
Maitri Capital has launched a web3 FCA-regulated hedge fund that manages two funds. The first fund targets both locked and unlocked tokens, as well as, equity, staking programmes, and liquid tokens.
The hedge fund is also looking to back non-fungible tokens (NFTs), decentralised finance (DeFi), and metaverse projects as part of portfolio diversification.
Maitri wants to provide investors with a more measured approach to investing in the web3. In a press release introducing the fund, the company wrote: “There are several challenges and barriers in the space to navigate for investors,” highlighting the late arrival of asset managers in the crypto markets accompanied by the technical and infrastructure barriers they face when they make their foray.
Communication is also different for web3 investors with social media channels on Twitter and Telegram being the most used platforms. Of course, crypto is still in its nascent stage compared to conventional sectors that asset managers are used to.
Maitri is not the first asset manager to offer crypto-focused funds to investors, with some of the world’s leading investment management companies launching NFT and metaverse exchange-traded funds and other thematic funds focused on web3.
However, unlike several crypto hedge funds, the company seems to be combining token investing and equity (mainly for operational projects) with traditional venture capital funding, which targets promising early-stage blockchain startups.
Maitri said its mission is to seed and enable the most promising blockchain entrepreneurs.
The company is also teaming up with Liberty Gaming – a web3 GameFi and Metaverse as a Service (MaaS) Ecosystem to add more industry expertise.
Liberty Gaming is backed by some of the leading blockchain investment companies including Yat Siu’s Animoca Brands. SkyLaunch, a multi-chain IDO platform, backed by Jump Crypto will also be joining the hedge fund as a partner.
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