UFG Capital, an alternative investment fund manager, has $70 million in assets under management for its new Private equity fund dedicated to blockchain-related businesses.
The fund focuses on blockchain VC investing which includes traditional VCs and crypto-native VCs. This tactic allows the fund to leverage the advances of each sector in combination.
“UFG Capital provides an optimal way for investors to enter the $1.7 trillion global crypto market. In 2021, we started with only a crypto strategy. Now, as this sector for investment is still quite new, volatile, and unexplored, we are offering our clients a complete and reliable infrastructure to protect their assets. The rapid market demand and frequent customer requests gave a quick impetus to the development of the business direction and the study of the market,” said Maryna Chernenko, managing director at UFG Capital.