Hedge Fund Hunting Hill Launches Digital Asset Subsidiary Hunting Hill Digital

Hedge fund Hunting Hill Global Capital has launched a digital assets subsidiary, Hunting Hill Digital, CoinDesk reported. Its first product will be the Crypto 25 Fund, with an initial asset size of $20 million to $25 million under management, and the product's strategy will focus on the top 25 cryptocurrencies by market capitalization, liquidity and performance, the people said. Foresight News previously reported that Matt Ballensweig, a former Genesis executive, told a potential investor in mid-December that the fund he was planning, called Hunting Hill Digital, had raised financing from Bessemer Venture Partners at a post-money valuation of $30 million. $2.5 million and is raising an additional $5 million.