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Crypto Hedge Funds Launch At Record Pace

Crypto hedge funds and venture capital funds are launching at a record pace this year, but the first quarter of 2018 saw a big sell off in cryptocurrencies and a number of crypto fund liquidations. According to data from Crypto Fund Research, the number of cryptocurrency investment funds now sits at 366 worldwide. In the first five months of the year 61 new crypto hedge funds and venture capital funds have launched, putting it on pace to reach 147 this year alone and consequently surpassing the 130 that were launched last year. The boom comes despite a near 50% fall in value...