According to ChainCatcher, Metalpha Technology Holding Limited announced that its SFC License No. 9 company LSQ Capital-managed Next Generation fund has seen a 375.5% increase in net asset value over two years, far exceeding Bitcoin's 67.3% increase during the same period.
The fund began trading in late March 2023 and has performed exceptionally well. Metalpha CEO Adrian Wang stated that this is due to the team's market insights, risk management, and partnerships.
With the completion of the fund cycle, Metalpha will transfer its entire 40% stake in NextGen Digital Venture to founder Jason Huang to strengthen the strategic cooperation between the two parties. NextGen has launched its second phase fund, continuing to focus on equity investments related to crypto assets.