Sources: Brevan Howard Asset Management's Cryptocurrency Hedge Fund Raises Over $1 Billion

A cryptocurrency hedge fund launched by Brevan Howard Asset Management has raised more than $1 billion, Blockworks reported citing sources. According to sources, the Brevan Howard digital asset multi-strategy fund lost only 4% to 5% from its establishment to the end of June. The fund’s investment strategies include venture capital, quantitative transactions, etc. Managed by BH Digital, Brevan Howard’s crypto asset investment arm, the fund helps investors such as sovereign wealth funds, pension funds, foundations and endowments gain exposure to cryptocurrencies.