{"id":53759,"date":"2021-11-30T09:15:04","date_gmt":"2021-11-30T07:15:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53759"},"modified":"2025-09-03T16:50:03","modified_gmt":"2025-09-03T13:50:03","slug":"former-citi-top-trading-executive-launches-a-1-5-billion-fund-to-invest-in-the-crypto-industry","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/former-citi-top-trading-executive-launches-a-1-5-billion-fund-to-invest-in-the-crypto-industry\/","title":{"rendered":"Former Citi top trading executive launches a $1.5 billion fund to invest in the crypto industry"},"content":{"rendered":"<p>Founded by the former Citi head of Structured Products Trading, Matt Zhang, Hivemind Capital Partners <a href=\"https:\/\/www.prnewswire.com\/news-releases\/former-citi-top-trading-executive-launches-hivemind-a-1-5b-venture-to-institutionalize-crypto-investing-301432682.html\">\u0437\u0430\u043f\u0443\u0441\u0442\u0438\u043b\u0430<\/a> a $1.5 billion fund. Among the areas are infrastructure solutions, blockchain protocols, the open internet, programmable money and the metaverses.<\/p>\n<p>In addition to investments in crypto companies, the New York-based firm will trade digital assets and work with the concept <span data-descr=\"play to earn\" class=\"old_tooltip\">Play-to-Earn<\/span>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cOur mission is to provide capital to those who define the vector of the industry&#8217;s development. We offer an institutional crypto-investment platform with the infrastructure institutions need to manage risk, regulatory compliance and security,\u201d<\/em> said Zhang.<\/p>\n<\/blockquote>\n<p>Algorand was chosen as a strategic partner to build the Hivemind ecosystem. The firm is discussing partnerships with teams behind other layer-one blockchains.<\/p>\n<p>In November, Pantera Capital <a href=\"https:\/\/forklog.com\/en\/news\/media-pantera-capital-raises-600-million-for-new-crypto-fund\">raised $600 million<\/a> in a new crypto fund.<\/p>\n<p>Earlier, Paradigm and Andreessen Horowitz formed funds at <a href=\"https:\/\/forklog.com\/en\/news\/paradigm-launches-2-5-billion-venture-fund-to-back-crypto-projects\">$2.5 billion<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/andreessen-horowitz-launches-third-crypto-fund-worth-2-2-billion\">$2.2 billion<\/a> respectively.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded by the former Citi head of Structured Products Trading, Matt Zhang, Hivemind Capital Partners has launched a $1.5 billion fund. Among the areas are infrastructure solutions, blockchain protocols, the open internet, programmable money and metaverses.<\/p>\n","protected":false},"author":1,"featured_media":53760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1133],"class_list":["post-53759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53759"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53759\/revisions"}],"predecessor-version":[{"id":53761,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53759\/revisions\/53761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53760"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}