📈 Former hedge fund trader to launch crypto fund
Travis Kling, formerly of Steven Cohen’s Point72 has announced a new cryptoasset fund that will launch in October. Ikigai, as the fund will be called, plans to grow its token allocation to $100 million and its venture fund to $33 million by mid 2019. The fund will be actively managed, has fees of two percent plus custody costs, and a minimum investment of $250,000 for accredited investors.
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