According to ChainCatcher, BlockTower Capital, a Miami-based digital asset investment firm, has closed a “market neutral” cryptocurrency fund that once managed more than $100 million with the goal of generating returns regardless of price direction.
According to BlockTower CEO Matthew Goetz, the company decided to close the fund earlier this year and return the money to investors. Several cryptocurrency funds have closed since the FTX collapse, including Galois Capital, which was known for shorting Luna Token before its collapse.
It is reported that BlockTower was co-founded by Goetz and Paul in 2017, and its investors include billionaire hedge fund manager Marc Lasry and former U.S. Commodity Futures Trading Commission Chairman Christopher Giancarlo. (Source link)