Former LedgerPrime Employees Launch Split Capital Hedge Fund Focused on Liquid Tokens

Former LedgerPrime Employees Launch Split Capital Hedge Fund Focused on Liquid Tokens

January 19, 2024

By Hassan Shittu

Former employees of crypto trading firm LedgerPrime have unveiled a new hedge fund named Split Capital, focusing on liquid tokens. Split Capital’s founders include Zaheer Ebtikar, Michael Churchouse, and Nai Boonkongkird, with Shiliang Tang, former chief investment officer at LedgerPrime, serving as an advisor.

Also, the primary backers of Split Capital include Novi Loren, UTXO Management, and Dan Matuszewski, co-founder of CMS Holdings. However, the fund size has not yet been disclosed, citing regulatory restrictions.

Notably, the fund aims to adopt a longer-term approach to token investments, contrasting with the common strategy of divesting once digital assets become liquid, often seen in venture capital firms active in the crypto space. Split Capital is designed for investors seeking a more extended investment horizon.