New York, NY — Hedgue, a US-based investment bank serving corporate clients, sovereign entities, and financial institutions, is targeting a $200 million raise for its inaugural liquidity-stage market-making fund. This initiative aims to capitalize on the expected shift toward looser global monetary conditions.
If completed by this July, the raise would increase the total amount of publicly disclosed market-making funds to $1 billion, setting a precedent in tightening capital environments.
Since entering the rapidly evolving crypto space in 2021, Hedgue has successfully formed strategic partnerships with over 100 innovative blockchain projects. These collaborations have significantly expanded Hedgue’s influence and expertise in the industry. Its diverse service offerings include a variety of essential activities, such as listing sponsorship, underwriting, market making, and derivative design. Consequently, Hedgue has positioned itself as a key player in the blockchain ecosystem, driving growth and innovation within the sector.
Hedgue, a significant player in the US stock market, has made its ambitions to expand into areas long dominated by investment banks unmistakable. Last quarter, it executed over 1 percent of the total US equities volume.
Sources familiar with the situation report that the new fund aims to provide deep liquidity and efficient market-making support to prominent digital asset issuers. Target venues include major centralized exchanges such as Coinbase, Binance, Bybit, and others.