Crypto Lotus

Crypto Lotus is a crypto hedge fund based in Berkeley, CA. This fund, which formally begins trading July 31 and aims to manage $40 million, was founded by three general partners: managing director Joshua Goldbard who said via Facebook message that he is “a high school dropout that gets neurotically focused on things,” and was previously a telecom product manager; crypto trader Kevin Fischer, who is now chief investment officer; and security engineer Apneet Jolly as chief information security officer. The fund strategy is to invest in “philosophically sound currencies,” such as Bitcoin, Ether and Tezos, have an “altcoin weighted basket” that acts like an index and exploit arbitrage opportunities.