PANews reported on April 12th that, according to Benzinga, digital asset financial services provider Tok-Edge officially announced the launch of a professional crypto hedge fund for institutional investors, with plans to raise $100 million in its first round of funding by 2026. The company, which had previously operated discreetly, marks the full implementation of its strategic plan with this official launch and the release of its asset management product.

The fund has an initial size of $21 million and is dedicated to building a compliant crypto asset allocation infrastructure for the institutional market. Marcus Meijer, a seasoned investor in traditional finance, and his investment consortium, as cornerstone investors, plan to inject $10 million into the fund to provide core financial support for the project's launch.