Parataxis to Offer Fourth Crypto-Focused Multistrategy Fund

Parataxis Capital Management, a multistrategy investment firm that focuses on digital assets, said it plans to launch a fourth fund in January.

The Parataxis Multi-Strategy Fund is expected to hold between $25 million and $50 million in assets at its debut, according to Edward Chin, the company’s co-founder. The fund plans to employ a basket of uncorrelated, cross-asset investment strategies to generate returns that are low-volatility with low-correlation to the overall market, he said.

The New York-based company currently oversees about $100 million in assets across the three existing funds and multiple separately-managed accounts. Crypto funds have been raising money ...