This week, we analyze which law firms are the preffered partners of crypto fund managers globally. Authors: Maximilian Bruckner, Jan Spörer Introduction In the intricate world of crypto hedge funds, the choice of legal counsel plays a pivotal role. The most successful lawyers in this space often have a strong presence…

How much do fund managers charge independently of their funds’ performance? In this article, we will address the topic of base fees for crypto funds. We use the 21e6 Crypto Fund Database, a crypto investment dataset with crypto fund of funds and crypto SMAs, as a basis. Authors: Jan Spörer…

Stay updated with the latest Metaverse News in our weekly rollup, covering immersive experiences, blockchain technologies, and virtual worlds. Apple’s Gradual Entry into the Metaverse Apple is quietly making strides towards the metaverse, even though it hasn’t officially embraced the term. CEO Tim Cook hinted at Apple’s interest in overlapping virtual and physical realms, and the…

Stay updated with the latest Metaverse News in our weekly rollup, covering immersive experiences, blockchain technologies, and virtual worlds. — Siemens to Invest 1 Billion in Creating Industrial Metaverse Hub in Germany Siemens plans to invest around €1 billion in Germany, including €500 million for a new technology campus in Erlangen, to establish a hub for technology activities related to the Industrial Metaverse. The company envisions the campus as a central location for research, development, and production for the Industrial Metaverse, utilizing…

This week, we turn our attention to the most popular fund administrators for crypto hedge funds. Authors: Jan Spörer, Maximilian Bruckner Introduction A fund administrator is an external, usually independent company that calculates the NAV (net asset value) for a fund portfolio on a regular basis. The NAV is required to…

Stay updated with the latest Metaverse News in our weekly rollup, covering immersive experiences, blockchain technologies, and virtual worlds. — A recent report by Bain & Company suggests that despite the buzz, the metaverse’s growth will likely follow a gradual trajectory over the next 5 to 10 years. While the concept of the metaverse has often been associated with futuristic, immersive virtual worlds, the reality is already here in the…

Stay updated with the latest Metaverse News in our weekly rollup, covering immersive experiences, blockchain technologies, and virtual worlds. — Tech giants including Apple, Pixar, and Nvidia have formed the Alliance for OpenUSD (AOUSD) to develop and standardize Pixar’s Universal Scene Description (USD) technology. USD is a file format that facilitates the seamless movement of work across various tools, making it easier to create 3D content for gaming, animation, and…

Stay updated with the latest Metaverse News in our weekly rollup, covering immersive experiences, blockchain technologies, and virtual worlds. — Meta’s ambitious VR headset, the Quest Pro, has been discontinued due to low demand and a mismatch with market needs. Marketed for professional use in the metaverse, the device failed to gain traction, as few professionals work in virtual reality. Despite impressive features, such as advanced hardware and work-related capabilities…

This comprehensive review analyzes the performance of various crypto fund strategies in the first half of 2023, drawing insights from the 21e6 Crypto Fund Database. From the (semi)success of directional funds to the struggles faced by quantitative and futures-related funds, the article delves into the key factors shaping the crypto…