Arthur Hayes Family Office Launches $250M Crypto Buyout Fund

Arthur Hayes, co-founder of BitMEX, is entering the world of private equity with a new fund targeting the cryptocurrency industry. The family office is seeking to raise at least $250 million for its inaugural fund, designed to acquire and consolidate medium-sized companies in the rapidly evolving digital asset space. The fund will invest between $40 million and $75 million per deal to potentially acquire up to six firms.