Arthur Hayes-Backed Family Office Seeks $250M to Buy Crypto Service Firms: Bloomberg
Maelstrom, Arthur Hayes’ family office, is launching a $250M private equity fund to acquire mid-sized crypto firms.Summary
Arthur Hayes’ family office, Maelstrom, is launching a private equity fund with a target of $250 million to invest in infrastructure and analytics firms within the cryptocurrency space. The fund will focus on acquiring up to six companies with investments ranging from $40 million to $75 million per deal. Maelstrom is prioritizing equity deals based on cash flow rather than speculative token valuations, as stated by co-founder Akshat Vaidya, who emphasized the difficulty of inflating valuations with unused tokens. The fund will be registered in the U.S. and utilize special-purpose vehicles for acquisitions, aiming for a first close by March 31st of next year and full funding by September 2026. Arthur Hayes and Adam Schlegel will lead the investment effort.
(Source：CoinDesk)