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Hedge fund billionaire Alan Howard's son founded Halo Capital, raising 25 million dollars to invest in crypto projects.

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#DeFi
TechFlow
436Words
Sep 5, 2024

Deep Tide TechFlow news, on September 5th, according to Bloomberg, Daniel Howard, the son of billionaire hedge fund manager Alan Howard, and his partner Bhavin Vaid announced the establishment of the crypto venture capital fund Halo Capital. The fund has raised 25 million dollars and aims to bring the mindset of growth investors into early-stage crypto projects. Halo Capital is headquartered in New York and has a wide investment scope, covering multiple areas from Bitcoin to decentralized artificial intelligence. The fund has invested in projects such as Bima Labs and Andrena, and has brought in about 20 partners to provide professional advice. Both founders come from the crypto-focused private equity firm 10T Holdings, they started fundraising in March this year and officially launched the fund operation in June.

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