10K Ventures completes the first phase of raising $10 million for its crypto hybrid strategy investment fund

ChainCatcher news, 10K Ventures has officially completed the first phase of raising $10 million for its crypto mixed strategy investment fund. The institution currently manages approximately $20 million in crypto assets and will continue its "early support + primary and secondary linkage" strategy, focusing on sectors such as AI Agents, stablecoins, and DeFi.

It is reported that [10K Ventures](https://www.rootdata.com/zh/Investors/detail/10K Ventures?k=MTI3Mjk=) was co-founded by Michael Jin, former head of OP Crypto Asia Pacific, and Zixi Zhu, former head of crypto at a dollar fund. It employs a "primary + secondary + quantitative" mixed strategy, covering the entire lifecycle of crypto assets, focusing on capturing early Alpha and building multi-layered return strategies. At the primary level, 10K Ventures excels at early identification and support of high-quality teams with a long-term vision, continuously empowering projects to grow into industry leaders through deep financial and resource support; at the secondary level, 10K Ventures adheres to fundamental investment logic, leveraging information advantages and computation to seize secondary and OTC opportunities for high-potential projects. At the quantitative level, 10K Ventures collaborates with professional institutions to achieve stable annualized returns for the fund through strategies such as funding rate arbitrage and spot-futures hedging.