New Investment Firm Deus X Capital Targets Crypto Opportunities with $1 Billion in Assets
Deus X Capital, a newly launched investment firm backed by a family office, has entered the crypto space with a combined $1 billion in fresh capital and existing investments.
The firm's leadership includes Tim Grant, who assumes the role of CEO.
Prior to joining Deus X Capital, Grant served as the Head of EMEA (Europe, Middle East, and Africa) at Galaxy Digital, the prominent digital asset management firm led by Mike Novogratz.
Before his tenure at Galaxy Digital, Grant held the position of CEO at SIX Digital Exchange and gained experience within the traditional financial industry at Swiss investment banking giant UBS, according to his LinkedIn profile.
Stuart Connolly has been appointed as the firm's chief investment officer (CIO), bringing his expertise to help guide the firm's investment strategies.
Connoly has previously led Alpha Lab, an institutional liquidity provider and market maker.
In a comment posted on LinkedIn, Connoly said the new firm’s mission is to become “one of the leading investors and company builders in the digital asset and fintech space.”
In explaining the firm's vision, Tim Grant emphasized the need for innovation in financial systems, stating that the existing financial system is “expensive, unwieldy and works for the few, not the many."
He added in a LinkedIn post that it is his view that the world is currently experiencing a new industrial revolution, saying:
“We believe that we are all experiencing the Fourth Industrial Revolution in real time. And that the confluence of technological advances that are affecting all parts of our lives will continue their exponential path and give humanity the extraordinary opportunity to level up.”
“If we get it right everyone will benefit,” he added.
Deus X Capital
Read more on cryptonews.com
