附近上门

Digital asset investment firm landed an oversubscribed $4.2 million seed equity round to develop its quantitative, data-driven approach to mitigating risk and maximizing returns in volatile crypto markets.

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, co-CIO and CEO of the Mill Valley, California-based firm, told 附近上门 News that the seed equity round was increased from an original target of $3 million.

Lead equity investors included , the Charles Johnson Family Office, the family office of the founding family of ; and . Another 20 equity and angel investors that participated in the round as well.

Cambrian鈥檚 financial product is aimed at accredited investors and family offices interested in diversifying their investments in liquid digital assets, such as and .

The firm started researching and collecting data on crypto markets three years ago to come up with its model that seeks to generate exceptional risk-adjusted returns while limiting downside risks, Green said.

鈥淲e took that research and started inventing until we came up with a model, and now we have a running strategy with live capital and 20 months of trading under our belt,鈥� he added. 鈥淲e have seen how things have gone and the iterations we needed to make.鈥�

Funds from the equity raise will be used for technology infrastructure, operations, and research and development, Green said.

Cambrian is now working to build relationships with family offices and institutional investors who are looking for this type of strategy, which Green said is unique from just buying and holding.

鈥淲e believe the market and institutional investors are looking at digital assets and innovation in the space in the macro context,鈥� he added. 鈥淭hey are looking at things with scarcity, such as real estate, gold and some technology companies, and we are excited for the pipeline of opportunities that are coming.鈥�

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