Arthur Hayes Launches $250 Million Crypto Infrastructure Fund

Arthur Hayes, former CEO of BitMEX, is launching a private equity fund worth $250 million to invest in small and medium-sized crypto firms specializing in trading infrastructure. The fund will target acquisitions ranging between $40 million and $75 million per company, focusing on sustainable equity rather than speculative tokens. This move comes amid cautious trends in the private equity sector following the recent FTX collapse.