Pension Fund-Backed Parataxis Digital Yield Fund Targets $500M in Assets in 2023
Multi-strategy crypto investment firm Parataxis Capital expects to triple the assets under management for its $35.6 million digital yield fund by the end of the year, with a further ambitious target of $500 million by the end of 2023, co-founder and CEO Edward Chin told CoinDesk in an interview.
Parataxis, which currently has about $116 million in assets under management, primarily focuses on institutional investors such as banks, family offices and pension endowments. The market-neutral Parataxis Digital Yield Fund made headlines in August when Fairfax County, Virginia’s, $6.8 billion pension fund, the Fairfax County Retirement Systems, said it would invest $35 million in the yield farming fund.
Source
https://t.me/Crypto_Bitcoin_Blockchain
