Singapore-based cryptocurrency investment company Deus X Capital has been officially established, with former Galaxy Digital head of Europe, Middle East and Africa Tim Grant as CEO. It is understood that Deus X has currently accumulated US$1 billion in investment assets and capital, which will be used for private equity, venture capital and fund distribution opportunities. Deus X will invest globally, with operations covering Malta, London and the United Arab Emirates.

Deus In addition, Deus X has also allocated funds to hedge funds in this field, and the specific amount has not yet been disclosed.