Arthur Hayes’ Maelstrom Raises $250 Million to Acquire Mid-Sized Crypto Firms

Maelstrom, the family office founded by Arthur Hayes, a former BitMEX co-founder, has secured $250 million in funding to acquire mid-sized crypto service companies. This strategic move comes as many firms within the industry face financial strain due to market volatility and regulatory uncertainty. Hayes believes this presents an opportunity for consolidation within the sector. ]