The number of launches of new cryptocurrency investment funds is on course to set a record in 2018. The assertion comes from a new analysis by Crypto Fund Research, a US company specializing in compiling of lists of cryptocurrency hedge funds and venture capital companies.
Through the end of July this year, 96 new hedge and venture capital funds had been launched, which sets an annual pace of 165, the analysis found. If this speed is maintained, the number of newly-launched crypto funds will surpass the record number of 156 crypto funds launched last year.
In addition to the launch of new venture capital and hedge funds, it is expected that existing hedge funds would incorporate cryptocurrencies in their portfolio. Similarly, the existing venture capital companies would likely continue to add blockchain investments and launch their own blockchain funds. A Crypto Fund Research
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