EMJ Capital launches multi-asset crypto treasury EMJX

Jinse Finance reported that as the bitcoin trading price remains far below its recent highs, hedge fund manager and activist investor Eric Jackson is betting that investors will still want to participate in cryptocurrency investments—just without bearing excessive losses during downturns. Jackson’s EMJ Capital is preparing to launch a dedicated cryptocurrency fund management company, EMJX, which will invest in bitcoin, ethereum, and selected niche cryptocurrencies. Although EMJX will buy and hold these assets, it plans to differentiate itself from other crypto fund management institutions such as Michael Saylor’s Strategy company by employing multi-asset allocation and active hedging strategies—its core goal is to participate in gains during price increases while limiting the risk of significant drawdowns. The core model of crypto fund management companies is to allocate cash reserves to bitcoin or other cryptocurrencies and hold them as strategic assets.