According to ChainCatcher, digital asset management company Promontory Technologies announced the launch of the Promontory Alpha Fund, a quantitative, systematic, multi-strategy approach to trading liquid listed digital ('cryptocurrency') assets. The fund aims to remain market neutral and avoid deep drawdowns, providing British Virgin Islands tools for non-US investors and Delaware LPs for US investors.

The new fund has attracted capital from investors including prominent Asian family offices and billionaire entrepreneurs.

Promontory Technologies is a digital asset management firm dedicated to serving family offices, institutions and high net worth individuals. Promontory provides digital asset exposure, risk management and diversification through quantitative systematic hedge funds, venture capital, market making and OTC services.