Morgan Creek Digital is to be the lead anchor investor in Ikigai Asset Management’s flagship fund focused on executing systematic and fundamental liquid hedge fund strategies as well as opportunistic venture-stage crypto asset investments.
Ikigai is a crypto asset management firm launched in December 2018 by former Point72 Portfolio Manager Travis Kling and partners Timothy Lewis, and Anthony Emtman.
Morgan Creek Digital, founded by Mark Yusko (pictured), Jason A Williams, and Anthony Pompliano raised USD40 million and is the only blockchain venture fund to-date to have publicly received investments from public pension funds. Alongside Ikigai, Morgan Creek Digital has previously made investments in Coinbase, Bakkt, and Harbor, among others.
Morgan Creek Digital Partner Anthony Pompliano, says: “Ikigai has built an impressive platform for understanding the evolution of, and investing in, crypto assets. We believe they are well-positioned to capture the outstanding returns this asset class will bring in the years to come.”
Ikigai Chief Investment Officer Travis Kling, says: “DLT and crypto assets are fundamentally changing our world. We are honoured to receive this investment from Morgan Creek Digital and look forward to working closely together with Mark, Jason, and Pomp in this exciting arena.”