Arthur Hayes Seeks $250M for Crypto Equity Fund

Arthur Hayes, former BitMEX CEO, is raising $250 million via his Maelstrom family office to form a private equity fund targeting small and medium crypto firms globally.

The fund highlights rising interest in fee-driven crypto businesses, amid cautious private equity trends post-FTX collapse. Immediate market effects are unlikely, though infrastructure sectors may benefit.

Hayes Targets Sustainable Equity in $250M Fund Bid

Arthur Hayes aims to raise $250 million with his family office, Maelstrom, to launch a private equity fund. This fund plans to acquire small and medium-sized crypto firms focusing on trading infrastructure and analytics.

The fund targets acquisitions between $40 million to $75 million per company, prioritizing non-token equity. This reflects a shift towards sustainable businesses, avoiding speculative token models. This fund may impact firms relying on trading infrastructure.

Industry responses have been cautiously optimistic. Akshat Vaidya, Maelstrom’s managing partner, emphasized the focus on fee-generating platforms, stating:

You can’t artificially inflate valuations with an unused token.

Community sentiments anticipate a potential boost in infrastructure sector investments, albeit long-term.

Insightful Trends: Private Equity Shifts and Market Reactions

Did you know? Ripple’s $1 billion acquisition of GTreasury marked a notable trend this year in consolidating trading infrastructure, echoing similar strategic moves in the industry.

Ethereum (ETH), priced at $3,894.44, has a market cap of 470,053,368,518, commanding 12.92% of the market. Recent price changes show a 4.16% increase over seven days but a 15.26% decline over 30 days, as per CoinMarketCap data.

According to Coincu’s research, potential outcomes could include a rise in private equity interest in crypto infrastructure due to growing regulatory clarity. Emphasizing sustainable equity, investors might increasingly favor companies with tangible business models over volatile token-based ventures.