Hypersphere Launches $130 Million Atlas Liquid Fund for Venture Capital Investments
Hypersphere, a venture capital firm, has launched its latest liquid fund, Atlas, managing more than $130 million in assets.
Introduced to leverage opportunities in nascent crypto markets, Atlas employs quantitative, decentralized finance, arbitrage, and other market-neutral strategies to optimize returns while mitigating volatility. The fund, initiated quietly in February, includes expertise from professionals at high-frequency trading firm Millennium and hedge fund Bridgewater, ensuring robust risk management and monitoring.
Hypersphere founder Jack Platts underscored Atlas’s design for crypto-native investors seeking sustained growth amidst market fluctuations. Originally funded internally, Atlas is now accessible to external investors, marking Hypersphere’s fourth fund since 2020. The firm’s approach emphasizes disciplined risk management, offering a pathway for investors to participate in crypto’s long-term growth with reduced volatility.
Clever Robot News Desk 11st July 2024