Arthur Hayes’ Maelstrom seeks $250M for private equity fund targeting small-medium crypto companies: Bloomberg

Arthur Hayes, co-founder of BitMEX, is raising a debut private equity fund of at least $250 million through his venture, Maelstrom. The fund is specifically targeting small- to medium-sized crypto infrastructure and service companies, focusing on off-chain providers like trading and data platforms. Maelstrom plans to take equity stakes in these firms, aiming for $40 million to $75 million per acquisition across up to six deals. Co-founder Akshat Vaidya noted the strategy emphasizes investing in cash-generating firms with strong fundamentals and clearer valuations, avoiding companies burdened by unused tokens, as the digital asset industry faces market volatility and consolidation.

(Source：Crypto Briefing)