Joe Naggar has launched a new cryptocurrency hedge fund, Feynman Point, backed by $300 million in capital. The fund focuses on digital assets and seeks to generate robust returns through a diverse portfolio of investments across the market. This move marks a strategic shift towards the crypto space for Naggar, whose background lies in traditional finance. 80% of his previous firm’s revenue came from venture-backed companies. This fund aims to capitalize on DeFi expansion and institutional interest in digital assets. Feynman Point has already made early investments in Hyperliquid and XRP equity, which could potentially impact the DeFi market’s liquidity and sentiment.