Odaily Planet Daily News Promontory Technologies announced the launch of its Promontory Alpha Fund. It is understood that this is a quantitative, systematic, multi-strategy approach to trading liquid, listed digital (crypto) assets. The fund aims to maintain market neutrality and avoid sharp declines, providing British Virgin Islands investment tools for non-US investors and Delaware LPs for US investors. Promontory CEO Jackson Fu is the co-founder of Shanghai quantitative hedge fund management company Qilin Investment. Since its establishment in 2016, Qilin has managed assets under management of US$5-7 billion with excellent risk-adjusted performance. (Decrypt)