Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»McKenna’s Crypto anon launches Arete Capital, first fund targets $20 million
ADOPTION NEWS

McKenna’s Crypto anon launches Arete Capital, first fund targets $20 million

By Crypto FlexsApril 8, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
McKenna’s Crypto anon launches Arete Capital, first fund targets  million
Share
Facebook Twitter LinkedIn Pinterest Email

Arete Capital, McKenna’s newly created investment firm, launched its first hybrid fund on April 1, targeting $20 million.

McKenna is a well-known cryptocurrency and derivatives trader who most recently served as a researcher at ROK Capital. They created the fund with co-founder Ilya Paveliev, who has traditional investment management experience and was previously head of growth at blockchain infrastructure company Haruko.

The founders told The Block that the fund has reached approximately $10 million in commitments by launch and expects to close the full amount over the next two months.

Half of the funds will be allocated to venture investments and the other half will be allocated to liquid token investments. It will primarily focus on institutional DeFi, real assets, blockchain gaming, and other emerging cryptocurrency ecosystems.

The fund has appointed three advisors. Collin Erickson, an independent advisor on projects such as Centrifuge; crypto anon SparkC, co-founder of cryptocurrency gaming group WolvesDAO; And there is a cryptocurrency called Odysseas, created by an engineer at Phylax who previously worked at Nomad.

Fund Settings

The two founders said they met less than three years ago through a group of people in central London who had switched from traditional finance to cryptocurrency. They stayed in touch during the bear market following the collapse of cryptocurrency hedge fund Three Arrows Capital and cryptocurrency exchange FTX.

McKenna said rock-bottom prices and low sentiment suggest now is the perfect time to leave research and start your own fund. They joined forces with Paveliev in the second half of 2023, seeking to combine the latter’s institutional knowledge with their cryptocurrency-based experience. They also began publishing cryptographic protocol research articles under the name Arete Research.

“Arete Capital is basically an evolution of Arete Research and us having very complementary backgrounds,” McKenna said. “And we think we have the capabilities to produce these first-tier managers over the next three to four years.”

The team plans to make a few strategic hires over the coming months, but maintain its workforce size.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

AI starts a cost -effective batch API for LLM request.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025
Most Popular

Binance-Backed dex KiloEX stops operating with $ 7.5 million exploitation.

April 15, 2025

The 2,656% rally of Onyxcoin forms the main pattern. What is the following?

February 13, 2025

Elizabeth Warren urged Treasury Secretary Yellen to implement strong AML/CFT measures for stablecoins.

April 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.