Crypto Veteran Starts Samara Alpha Fund of Funds, Seed Platform

Veteran crypto investor Wilfred Daye, with backing from Cryptology Asset Group, is launching a multistrategy fund of funds and seeding platform, eying opportunities in the battered digital-assets space.

• Samara Alpha Management will look to extract value using methods derived from traditional finance, while its platform will also seed emerging managers, meaning up-and-comers who might not have a long track record in the industry, according to a release
• The initiative — named after samara “helicopter” seeds — has eight people behind it, bringing decades of TradFi experience with them, according to the statement
  • Daye, the former head of Securitize Capital, ...