BitMEX co-founder’s family office plans $250M fund to acquire crypto firms

BitMEX co-founder Arthur Hayes’ family office is raising a $250 million private equity fund to acquire distressed crypto companies. The vehicle aims to consolidate blockchain infrastructure and fintech startups under strategic management. Market observers view the move as part of a post-consolidation trend in the digital asset sector as valuations stabilize after 2022’s downturn.