Arthur Hayes’ home office Maelstrom is seeking $250 million in capital investment to finance a private equity fund targeted at mid-sized crypto companies. According to Bloomberg, the fund is designed to provide traditional investors more access to the crypto market amid a spectacular recovery from the FTX-inspired market crash in November 2022.

Hayes PE Fund Targets 6 Company Acquisitions

In a post on Friday, Bloomberg reports that Maelstrom, founded by Arthur Hayes and former BitMEX M&A Head Akshat Vaidya, is actively working to raise $250 million for investment in mid-sized crypto firms.

The fund, tagged as Maelstrom Equity Fund I, is expected to cover the acquisition of six crypto companies, with each purchase expected to range between $40 million-$75 million. Notably, there will

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