Shocking Closure: Crypto Hedge Fund Lantern Ventures Winds Down After $600M Management

BitcoinWorld Shocking Closure: Crypto Hedge Fund Lantern Ventures Winds Down After $600M Management In a surprising turn of events, Lantern Ventures, a prominent crypto hedge fund, is shutting its doors and returning capital to investors. This move highlights the volatile nature of the cryptocurrency market and raises questions about the future of institutional crypto investments. Founded by Tara Mac Aulay, a co-founder of Alameda Research, the fund once managed over $600 million in assets. Let’s dive into what led to this decision and its broader implications. Why is this crypto hedge fund winding down? Lantern Ventures is winding down due to a combination of market pressures and strategic reassessments. Reports from CoinDesk indicate the firm is negotiating potential sales and may transition into a family office. This shift reflects the challenges faced by many crypto hedge funds in maintaining profitability amid regulatory uncertainties and market fluctuations. Therefore, investors are closely...

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