Promontory Technologies launches a new fund aimed at avoiding deep shrinkage in the cryptocurrency market
ChainCatcher news, digital asset management company Promontory Technologies announced the launch of the Promontory Alpha Fund, which employs a quantitative, systematic, multi-strategy approach to trading liquid listed digital ("cryptocurrency") assets. The fund aims to maintain market neutrality and avoid deep drawdowns, offering British Virgin Islands instruments for non-U.S. investors and Delaware LPs for U.S. investors.The new fund has currently attracted investments from notable Asian family offices and billionaire entrepreneurs.It is reported that Promontory Technologies is a digital asset management company dedicated to serving family offices, institutions, and high-net-worth individuals. Promontory provides digital asset exposure, risk management, and diversification through quantitative systematic hedge funds, venture capital, market making, and over-the-counter trading services.