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

Further Asset Management, a digital asset investment management company in the UAE, has announced a joint launch of the Further x 3iQ Alpha Digital Fund with 3iQ Corp., a pioneer in global digital asset investment solutions. 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 capital from institutional investors, family offices, and sovereign investors. The fund aims to safely and efficiently capture excess returns in the liquid digital asset space for institutional investors, family offices, and sovereign wealth funds within a robust institutional framework, pursuing potential double-digit returns.