Billionaire Brevan Howard's investment fund BH Digital has successfully raised more than $1 billion from institutional investors.

Billionaire Brevan Howard's hedge fund calls for $1 billion

Brevan Howard's Digital Asset-Focused Fund Raised Over $1 Billion, According to Blockworks news.

Up until the end of June, BH Digital, a digital asset and crypto arm, dropped just over 5% of assets with Brevan Howard's Multi-Strategy fund, despite the current crypto winter and overall market slump. school.

Accordingly, this is a hedge fund largest with a value of up to 1.5 billion USD. But billionaire Brevan Howard, who holds more than $20 billion in assets, declined to comment on this.

Act as an affiliate dedicated to Brevan Howard, BH Digital helps investors such as wealth funds, pension funds and endowments get closer to cryptocurrency.

In recent years, many large investment funds from both traditional and cryptocurrency have announced huge capital calls, typically Lightspeed ($500 million), Multicoin Capital ($430 million), Saber Labs (100 million USD), USD), Sequoia Capital ($9 billion) and a16z ($4.5 billion).

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At the same time, crypto projects that raised large capital in July called Animoca Brands ($75 million), respectively. Safe ($100 million), Mysten Labs ($200 million), Farcaster ($30 million), Tribe Capital ($25 million), Halborn ($90 million), ($150 million), Unstoppable Domains ($65 million) and Variant ($450 million).

Huge fundraising deals in July 2022

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