Former Citi executive Matt Zhang recently introduced Hivemind Capital Partners, a $1.5B multi-strategy fund focused on crypto investing. The new fund tapped Algorand as its first technology partner. Algorand is a proof of stake protocol focused on creating infrastructure for the global financial industry. Hivemind’s timing is consistent with other large funds who are allocating billions of dollars towards cryptocurrency startups.
Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner