Enter Deus X Capital, a novel investment firm freshly backed by a family office, wielding a monumental $1 billion arsenal from combined fresh capital and existing investments. With names like Tim Grant at the helm seat as the company’s CEO, the firm is primed to make waves in the crypto realm. Grant, a seasoned executive with roots in the traditional financial industry, seems like a perfect fit for the role – his former positions include Head of EMEA at Galaxy Digital, led by Mike Novogratz, and CEO at SIX Digital Exchange. Plus, he also piloted financial projects at Swiss investment banking titan UBS.
Joining him is Stuart Connolly, commandeering the investment strategies as the newly appointed Chief Investment Officer (CIO). Connolly isn’t a stranger to the game either, having previously helmed the reins at Alpha Lab, an institution lending liquidity and market-making abilities.
With such an impressive line-up, Deus X Capital sets its sights high, intending to solidify a place as one of the pivotal investors and company builders within the digital asset and fintech sphere.
But why this bullish viewpoint towards the crypto industry? Grant’s response frames it as a necessary evolution step towards an equitable financial ecosystem. He believes that the existing financial system is cumbersome, costly, and favors only a select few. For him, it’s like we are witnessing the Fourth Industrial Revolution unfurl in real-time, signifying a turning point in tech that services every aspect of life. He maintains that if this dynamic change is correctly harnessed, then the benefits will be extensive and egalitarian.
Moreover, Deus X Capital’s investment strategy already shows signs of this progressive perspective. Besides taking stakes in notable entities such as Galaxy Digital and asset management firm Hilbert Group, it’s equally comfortable investing capital in several hedge funds. It’s an approach signalling versatility and openness to a multitude of investment opportunities.
Moreover, the firm has branched out to strategic locations like the United Kingdom, Malta, and the United Arab Emirates – all renowned as regional and global crypto centers.
It will be captivating to watch how Deus X Capital’s ambitious trajectory will traverse the volatile crypto landscapes, especially considering its leaders’ pedigree in both traditional and digital asset management fields.
Source: Cryptonews
