Morgan Creek Digital Invests in Ikigai Asset Management to Boost Bitcoin's Use Cases and Adoption

Morgan Creek Digital has recently announced that it will be investing in Ikigai Asset Management’s flagship fund.

This fund focuses on the execution of systematic and fundamental liquid hedge fund strategies. They also offer opportunistic venture-stage crypto investments. The information was released by the companies in a press release.

Morgan Creek Invests in Ikigai Asset Management

Morgan Creek Digital is a company that was founded by Mark Yusko, Jason A. Williams and Anthony Pompliano. The firm raised several million and it is the only blockchain venture fund that received investments from public pension funds.

Morgan Creek has also invested in other companies such as Coinbase, Bakkt or Harbor. About the investment, Anthony Pompliano commented:

“Ikigai has built an impressive platform for understanding the evolution of, and investing in, crypto assets. We believe they are well-positioned to capture the outstanding returns this asset class will bring in the years to come.”

According to Travis Kling, Ikigai Chief Investment Officer, Distributed Ledger Technology (DLT) and cryptocurrencies are changing the world. Now, they will be working side by side with Ikigai in order to leverage blockchain technology and digital currencies.

Both companies believe that virtual currencies and digital assets will be an alternative and viable replacement to fiat currencies. Travis Kling wrote that when there will be books written about virtual currencies, the dovish nature of the Federal Reserve of the United States (FED) will be a “big part of the story.”

He indeed mentioned that cryptocurrencies will be valued at trillions of dollars.

In the future, there could be new investments processed by firms and institutions and in the crypto market.

There are several businesses that are building the necessary infrastructure in order to offer services to institutions and traditional investors.

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Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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