The digital assets-focused vehicle of Brevan Howard Asset Management has raised more than $1 billion from institutional investors. <a href="https://www.brevanhoward.com/bh-digital/" target="_blank" rel="nofollow noopener">BH Digital</a>, which debuted in September 2021, hasn't committed all of its cash; according to a source, a lack of liquidity keeps the company from doing so.

https://twitter.com/Techmeme/status/1555427337990090752
<h2>Brevan Howard Lost 5% Despite the Market Downturn</h2>
Through the end of June, BH Digital, the cryptocurrency and digital asset division of Brevan Howard, lost less than 5% of its value, according to a source. Despite the "crypto winter," the demise of the Luna <a href="https://www.cryptoknowmics.com/news/aave-votes-to-support-proposal-to-create-gho-stablecoin/" target="_blank" rel="noopener">stablecoin</a>, and the general drop in cryptocurrency values, the performance is impressive. The fund is the largest cryptocurrency hedge fund launch till date, with a maximum capacity of $1.5 billion. Brevan Howard, who oversees more than $20 billion in assets, declined to comment.
<h2>BH Digital Assists Institutional Investors</h2>
As Brevan Howard's specific cryptocurrency division, BH Digital assists institutional investors, including sovereign wealth funds, pension funds, foundations, and endowments, in getting exposure to the market. The announcement of the significant fundraising effort follows months of unrest that saw one of the top crypto protocols, Terra, implode and directly wipe out more than $43 billion from the market. This event resulted in staggering losses for investment firms, including crypto fund Three Arrows Capital, whose solvency issues caused liquidity crises for numerous crypto lending companies, including Celsius and Voyager Digital.

Brevan Howard Subsidiary Raises $1B For Crypto Fund

The digital assets-focused vehicle of Brevan Howard Asset Management has raised more than $1 billion from institutional investors.

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Brevan Howard Subsidiary Raises $1B For Crypto Fund

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