According to Foresight News, Daniel Howard, son of British hedge fund billionaire Alan Howard, and his partner Bhavin Vaid announced the creation of a crypto venture capital fund, Halo Capital. The fund has raised $25 million and aims to introduce growth investor thinking into early crypto projects.
Halo Capital is headquartered in New York and has a wide range of investments, including Bitcoin and decentralized artificial intelligence. The two founders are from 10T Holdings, a private equity firm focused on cryptocurrencies. They started fundraising in March this year and officially launched the fund in June.