How we invest.
Digital asset markets are young, open around the clock and still inefficient. We build systematic strategies to find and trade those inefficiencies in the most liquid parts of the market.
Why these markets
I
Young
Digital asset markets are early in their development, and young markets are rarely efficient.
II
Always open
Trading never stops, so new information has to be absorbed into prices at every hour of the day.
III
Still being built
Much of the research infrastructure that mature markets rely on is still being put in place.
How the book is built
The portfolio combines strategies that behave differently from one another. The detail of what we trade is shared privately with investors and is not published here.
Systematic
Tested rules
Every position comes from tested rules. There are no discretionary trades.
Risk-balanced
Strategies that differ
Strategies are combined so that no single idea or market move dominates the result.
Liquid
Deep markets only
We trade only where markets are deep enough to absorb our positions.
How risk is controlled
A single framework for risk
Risk is set and monitored across the whole portfolio, so no single strategy can dominate it.
Hard limits in execution
Risk limits are built into the firm’s own trading systems and tested regularly.
Capacity discipline
The firm sizes to what the markets absorb. The offering is capped at $5,000,000 for that reason.
A research standard
Every strategy must pass a demanding set of tests and an independent review before it earns capital.
Built to reject ideas.
The research process is designed to say no. A strategy earns capital only after it survives every attempt to break it.
See what the strategies power.
One fund is open today: a target return of 15–20% per annum, capped at $5,000,000.