According to Bloomberg, Daniel Howard, son of British hedge fund billionaire Alan Howard, and his colleague Bhavin Vaid announced the establishment of a new crypto venture capital fund Halo Capital and raised $25 million to invest in crypto projects. Halo Capital, headquartered in New York, aims to provide early-stage projects with a growth investor mindset, with a wide range of investments, covering a variety of fields from Bitcoin to decentralized artificial intelligence. Both founders are from 10T Holdings, a private equity firm focused on cryptocurrencies, and said the fund will adopt a differentiated research and data-driven approach to investment.