Odaily Planet Daily News Hyla Fund Management is launching a new $30 million fund focused on the Latin American cryptocurrency sector. Hyla invests in other hedge funds on behalf of clients and manages $115 million in assets. Paola Origel, CEO of Hyla, said the Latin American cryptocurrency market is still small but full of opportunities. She said crypto funds are like a bridge between traditional investors and the crypto ecosystem. The crypto space is an emerging field and is developing rapidly. Some investors simply do not have the time, resources or expertise to delve into the industry and determine which crypto hedge funds they want to invest in. This is where Hyla steps in. Origel said: "The value of the fund of funds is access. We are not divided by jurisdiction, so we know most fund managers around the world, and each manager has its own strategy. For example, some funds are completely committed to developing Bitcoin L2." She said Hyla's goal is to become "Goldman Sachs in the digital asset field." The company currently offers a variety of strategies, including its liquidity venture capital fund and Bitcoin and Ethereum market neutral income strategies. The new Latin American fund, scheduled to launch in January 2025, will add $30 million to Hyla’s AUM. (CoinDesk)