Maelstrom Seeks $250M for Crypto Acquisitions Led by BitMEX Co-Founder
- Maelstrom aims to raise $250 million for a private equity fund focused on acquiring crypto companies.
- Each acquisition will range from $40 million to $75 million, targeting up to six firms.
- Funding is expected to be finalized by September 2026, with a focus on trading infrastructure and analytics platforms.
- Arthur Hayes, co-founder of BitMEX, will manage the fund alongside Akshat Vaidya and Adam Schlegel.
- The interest in private equity investments in crypto has resurged following previous downturns, including the FTX collapse in late 2022.
The establishment of Maelstrom highlights renewed interest from private equity in the cryptocurrency sector, as investors seek opportunities amidst a recovering market landscape.
With plans for substantial acquisitions, Maelstrom’s strategy reflects a growing confidence in the crypto industry, aiming to leverage high-growth potential as demonstrated by recent deals like Ripple’s $1 billion acquisition of GTreasury.
