PANews reported on June 12 that Metalpha Technology Holding Limited (NASDAQ: MATH) announced that the Next Generation Fund managed by its SFC No. 9 company LSQ Capital has successfully completed its two-year investment period, with its net asset value (NAV) increasing to 375.5%, far exceeding the 67.3% increase in Bitcoin during the same period. The fund has been trading since late March 2023 and has performed well. Adrian Wang, CEO of Metalpha, said this was due to the team's market insights, risk management and partnerships.

As the fund cycle ends, Metalpha has transferred all 40% of its shares in NextGen Digital Venture to Jason Huang, the founder of NextGen Digital Venture, to consolidate the strategic cooperation between the two parties. Jason Huang revealed that NextGen has launched the second phase of the fund and will continue to focus on equity investments related to crypto assets to seize the transformation opportunities in the field of digital finance.