PANews, October 23 - According to Bloomberg, Australian crypto hedge fund management firm JellyC has merged with Singapore's Trovio Asset Management to attract institutional investments, including pension funds. JellyC will become the main shareholder of the merged entity, aiming to increase the assets under management by 150% to AUD 250 million by mid-2026. JellyC co-founder Prendiville stated that scaling up would help attract large investors in the Asia-Pacific region, especially Australian pension funds. Trovio plans to sell its shares in the merged entity in the future but has not provided a specific timeline.