A New Crypto-Focused Investment Firm Launches with $1 Billion in Assets
Deus X Capital, a newly established investment firm focused on cryptocurrencies, has announced its launch. Led by Tim Grant, former head of EMEA for Galaxy Digital, Deus X claims to have amassed $1 billion in investment assets and capital. The firm’s investments span various sectors including private equity, venture capital, venture building, and fund allocation opportunities.
Creating a New Financial System
The goal of Deus X Capital is to invest in and build innovative digital asset, fintech, and capital markets businesses. The firm aims to create a new financial system that eliminates barriers to entry and benefits everyone involved. Tim Grant, CEO of Deus X, emphasizes the company’s commitment to constructing a complementary portfolio of companies that contribute to this vision.
Key Team Members
Joining Tim Grant at Deus X Capital is Stuart Connolly, who previously ran Red Acre Ventures. Connolly has been appointed as the chief investment officer at Deus X, and all of Red Acre’s investments now fall under the Deus X brand. Additionally, Grant has been named chairman of AlphaLab40, a crypto market maker incubation project founded by Connolly.
Global Presence and Existing Investments
Deus X Capital operates globally with offices in Malta, London, and the United Arab Emirates. The firm’s existing investments include Netrios (wholly owned), stakes in Hilbert Group and Galaxy, venture capital investments in SEBA, HAYVN, and Cryptochill. Deus X has also allocated capital to undisclosed hedge funds in the crypto space.
Hot Take: Deus X Capital Pioneers Innovation in the Crypto Investment Space
Deus X Capital enters the crypto investment landscape with an impressive $1 billion in assets and a mission to revolutionize the financial system. Led by experienced industry professionals, the firm aims to invest in cutting-edge digital asset and fintech businesses. With a global presence and a diverse portfolio, Deus X Capital is well-positioned to drive innovation and create better outcomes for all stakeholders. Its commitment to removing barriers and fostering collaboration sets it apart in the crypto investment space. As the firm continues to grow, it will be interesting to see the impact it has on shaping the future of finance.