According to ChainCatcher, British asset management company Maitri Capital announced the launch of the crypto quantitative trading fund Maitri Cento Quant Fund. The fund's financing target is US$250 million and is currently awaiting registration with the UK Financial Conduct Authority.

Thomas Caddick, co-founder of Maitri Capital, said that Maitri Cento Quant Fund is an institutional-level investment tool that will use machine learning to build quantitative trading models and will focus on the 30 most liquid cryptocurrency trading pairs. (Source link)