PANews 23 October news, according to Bloomberg, Australian crypto hedge fund management company JellyC has merged with Singapore's Trovio Asset Management to attract institutional investors, including pension funds. JellyC will become the major shareholder of the merged entity, aiming to increase assets under management by 150% to AUD 250 million by mid-2026. JellyC co-founder Prendiville stated that scaling up helps to gain the favor of large investors in the Asia-Pacific region, especially Australian pension funds. Trovio plans to sell its shares in the merged entity in the future but has not provided a specific timetable.