BitMEX Founder Arthur Hayes Raises Funds to Acquire Crypto Company! Details Here

BitMEX founder Arthur Hayes plans to create a $250 million private equity fund to acquire small and medium-sized crypto companies, Bloomberg reported. BitMEX Founder Arthur Hayes Seeks $250 Million to Acquire Mid-Size Crypto Companies The new venture reportedly aims to leverage Hayes’ experience in the crypto ecosystem to invest in companies with high growth potential but experiencing financial difficulties. Sources indicate that the fund will be used both to acquire existing crypto businesses and to provide strategic partnerships to innovative Web3 projects. Hayes highlights the intense consolidation process the crypto market has undergone in recent years, arguing that undervalued startups can be revived with the right strategy. Hayes, who has been focusing on investment activities since BitMEX, has previously made early-stage investments in various DeFi and Layer-1 projects. The new fund is expected to launch in the first half of 2025. *This is not investment advice. Continue Reading: BitMEX Founder Arthur Hayes Raises Funds to Acquire Crypto Company! Details Here