Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies.
VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund
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Hypersphere’s New Atlas Fund Aims to Target Optimized Crypto Returns
The Atlas fund, which began quietly in February, integrates quantitative, decentralized finance, arbitrage, and other market-neutral strategies to optimize returns and minimize volatility. The fund’s management team includes professionals from high-frequency trading firm Millennium and hedge fund Bridgewater. Hypersphere believes this brings strong risk and monitoring controls to the portfolio.
“We’re crypto natives and we designed the Atlas fund for ourselves,” Hypersphere founder Jack Platts stated. “Atlas answers the question: how can investors ride crypto’s long-term tailwinds with less gut-wrenching volatility?”
The fund was initially seeded from Hypersphere’s balance sheet and is now open to external investors. Atlas is Hypersphere’s fourth fund since its inception in 2020, following the success of its first two funds, which generated over $600 million in profits from an initial investment of under $50 million. The firm’s announcement emphasizes the importance of risk management and aims to offer investors a way to benefit from long-term crypto growth with reduced volatility.
What do you think about Hypersphere’s fund? Share your thoughts and opinions about this subject in the comments section below.
