HomeUSABorderless Capital Acquires CTF Capital

Borderless Capital Acquires CTF Capital

borderless capital

Borderless Capital, a Miami, FL based Web3 investment management firm, acquired CTF Capital, a Miami and Latam based quantitative trading and asset management company, for an undisclosed amount.

This acquisition enables Borderless Capital to enrich its investment suite with AI-driven strategies and advanced quant trading methodologies, while also marking its expansion into the LatAm market where the firm already has exposure through its portfolio companies and investors.

With this acquisition, all the existing Funds managed by CTF capital are merged with Borderless Capital Multi-Strategy Fund V LP, an open-ended hedge fund focuses on creating risk-adjusted maximum returns for investors in both liquid digital assets and soon to be liquid digital assets, that was launched earlier last year with $100m under management. In addition, Borderless Capital manages a family of five Venture Funds (focused on key categories such as DePIN, Ecosystem Funds and Cross-Chain interoperability), combining more than half a billion dollars in assets.

Since 2018, the firm has invested in 200+ protocols / companies across infrastructure, business applications, and nascent cryptographic protocols, and has played an integral role in the development of some of the most significant and innovative Web3 communities.

Headquartered in Miami with Technology and Operations teams based in Latin America, CTF Capital is a quantitative crypto asset investment manager building trading models and capabilities in automated market making (AMM), MEV strategies, and a proprietary AI & ML Strategy Engine.

The existing eleven people team of CTF Capital including two partners will join the Borderless Capital team and its affiliate group of companies.

Looking ahead, Borderless Capital is extending its global reach, with plans to open a new office in Argentina in early Q2 and as its HQ for the LatAm markets expansion, tapping into the region’s rapidly growing Web3 market. The firm is also developing new offerings to enrich its investor and founder services.

VCWire

27/03/2024