According to Odaily, Promontory Technologies has announced the launch of its Promontory Alpha Fund. This fund is a quantitative, systematic, multi-strategy approach for trading highly liquid listed digital (crypto) assets. The fund aims to maintain market neutrality and avoid significant downturns. It offers investment tools in the British Virgin Islands for non-US investors and in Delaware LP for US investors.

Promontory's CEO, Jackson Fu, is the co-founder of Shanghai-based quantitative hedge fund management company Kirin Investment. Since its establishment in 2016, Kirin has managed assets worth between 50 and 70 billion dollars, demonstrating excellent performance after risk adjustment.