Further Asset Management and 3iQ have introduced a market-neutral hedge fund offering risk-managed exposure to digital assets, seeded with USD 100 million and featuring a Bitcoin share class supported by an Abu Dhabi family office, signalling growing institutional confidence in crypto investments.
Further Asset Management and 3iQ Corp. have launched a market‑neutral, multi‑strategy hedge fund aimed at giving institutional and sophisticated investors risk‑managed exposure to digital assets, the firms said in a joint announcement. The Further x 3iQ Alpha Digital Fund has been seeded with USD 100 million from a mix of institutional, family office and sovereign investors, and includes a dedicated Bitcoin share class that the managers say allows subscription and compounding of returns in Bitcoin while maintaining long exposure to the underlying asset.
According to the announcement, the BTC share class is “anchored with a significant in kind investment from an Abu Dhabi based Family Office,” a move the firms present as a marker of sovereign‑backed participation in the digital asset sector. The companies described the fund as operating within a “robust institutional framework” built on 3iQ’s existing infrastructure and Further’s platform capabilities.
“The company claims” the vehicle will enable investors to “capture alpha in the liquid digital asset space securely and efficiently” while pursuing “potential double‑digit returns,” language echoed in statements from both firms. Pascal St‑Jean, President & CEO of 3iQ, is quoted as saying: “This Fund directly addresses the core challenges institutional investors face when accessing digital assets,” and Faisal Al Hammadi, Managing Partner at Further, said: “We’re providing institutional‑grade, risk‑managed and scalable access to digital assets, including Bitcoin, within a structure that has successfully passed the rigorous institutional due diligence of leading global capital allocators.”
The announcement places the fund in the context of 3iQ’s broader track record in digital‑asset products; the firm highlights earlier innovations including the launch of a Digital Assets Managed Account Platform and its role in bringing Bitcoin and Ethereum exchange‑traded products to public markets. The release also notes that a majority stake in 3iQ was acquired by a Japanese financial group in 2024, underscoring recent corporate developments the managers say support the fund’s institutional credentials.
Independent observers and prospective allocators will likely weigh those claims against familiar caveats. The firms themselves include a formal disclaimer stressing that investment in digital assets “is subject to a high degree of risk, including the potential loss of the entire amount invested,” and that forward‑looking statements may not materialise. Market‑neutral hedge funds can differ substantially in strategy, leverage, fee structure and liquidity terms, and historical performance for digital‑asset hedge strategies has been mixed as the asset class remains volatile and evolving.
The launch highlights continued interest from large private capital in structuring products that allow investors to access crypto exposure without direct custodial or trading responsibilities. The presence of an Abu Dhabi family office as an anchor investor will be seen by some market participants as a vote of confidence; others will focus on the fund’s governance, auditing, custody arrangements and fee alignment before committing capital.
The firms invite interested investors to review fund documentation and conduct their own due diligence; the announcement repeats customary advice that prospective investors consult professional advisers.
- https://www.prnewswire.com/news-releases/further–3iq-launch-digital-asset-market-neutral-multi-strategy-hedge-fund-302631267.html – Original press release. View link for all data
- https://www.prnewswire.com/news-releases/further–3iq-launch-digital-asset-market-neutral-multi-strategy-hedge-fund-302631267.html – Further Asset Management and 3iQ Corp. have launched the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy hedge fund offering risk-managed exposure to digital assets, including a dedicated Bitcoin share class. Seeded with $100 million from institutional, family office, and sovereign investors, the fund aims to provide secure and efficient access to the digital asset space within a robust institutional framework, targeting potential double-digit returns. The Bitcoin share class allows investors to subscribe and compound returns in Bitcoin, maintaining long exposure to the asset. This initiative builds upon 3iQ’s legacy of innovation, including the introduction of the world’s first Digital Assets Managed Account Platform (QMAP).
- https://www.3iq.io/press-media/3iq-and-further-announce-strategic-partnership-to-launch-digital-asset-multi-strategy-hedge-fund – 3iQ Corp. and Further have announced a strategic partnership to launch a digital asset multi-strategy hedge fund designed for institutional and sophisticated investors. This collaboration combines 3iQ’s robust infrastructure and expertise in institutional-grade digital asset solutions with Further’s deep knowledge of the digital asset and blockchain ecosystems. The partnership aims to deliver risk-managed, institutional-grade access to digital assets, enabling sovereign and institutional investors to participate with confidence. The initiative builds on 3iQ’s pioneering track record, including the launch of the world’s first Digital Assets Managed Account Platform (QMAP).
- https://www.prnewswire.com/news-releases/3iq-and-further-announce-strategic-partnership-to-launch-digital-asset-multi-strategy-hedge-fund-302585812.html – 3iQ Corp. and Further have announced a strategic partnership to launch a digital asset multi-strategy hedge fund designed for institutional and sophisticated investors. This collaboration combines 3iQ’s robust infrastructure and expertise in institutional-grade digital asset solutions with Further’s deep knowledge of the digital asset and blockchain ecosystems. The partnership aims to deliver risk-managed, institutional-grade access to digital assets, enabling sovereign and institutional investors to participate with confidence. The initiative builds on 3iQ’s pioneering track record, including the launch of the world’s first Digital Assets Managed Account Platform (QMAP).
- https://www.further.ae/news/further-3iq-launch-digital-asset-market-neutral-multi-strategy-hedge-fund – Further Asset Management and 3iQ Corp. have launched the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy hedge fund offering risk-managed exposure to digital assets, including a dedicated Bitcoin share class. Seeded with $100 million from institutional, family office, and sovereign investors, the fund aims to provide secure and efficient access to the digital asset space within a robust institutional framework, targeting potential double-digit returns. The Bitcoin share class allows investors to subscribe and compound returns in Bitcoin, maintaining long exposure to the asset. This initiative builds upon 3iQ’s legacy of innovation, including the introduction of the world’s first Digital Assets Managed Account Platform (QMAP).
- https://aapnews.aap.com.au/aapreleases/cision20251203AE37801 – Further Asset Management and 3iQ Corp. have launched the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy hedge fund offering risk-managed exposure to digital assets, including a dedicated Bitcoin share class. Seeded with $100 million from institutional, family office, and sovereign investors, the fund aims to provide secure and efficient access to the digital asset space within a robust institutional framework, targeting potential double-digit returns. The Bitcoin share class allows investors to subscribe and compound returns in Bitcoin, maintaining long exposure to the asset. This initiative builds upon 3iQ’s legacy of innovation, including the introduction of the world’s first Digital Assets Managed Account Platform (QMAP).
- https://www.kucoin.com/news/flash/further-and-3iq-launch-100m-digital-asset-market-neutral-multi-strategy-fund – Further Asset Management and 3iQ Corp. have jointly launched the Further x 3iQ Alpha Digital Fund, a $100 million multi-strategy hedge fund aimed at providing institutional investors with risk-managed digital asset investment opportunities. The fund features a dedicated Bitcoin share class, allowing investors to subscribe and receive returns in Bitcoin while maintaining long positions. Fund executives stated that the fund offers a secure, audited institutional framework designed to help investors pursue potential double-digit returns.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The narrative was first published on October 16, 2025, announcing the strategic partnership between Further and 3iQ to launch a digital asset multi-strategy hedge fund. ([3iq.io](https://www.3iq.io/press-media/3iq-and-further-announce-strategic-partnership-to-launch-digital-asset-multi-strategy-hedge-fund?utm_source=openai)) The most recent publication date is December 3, 2025, indicating that the content is fresh and not recycled. ([prnewswire.com](https://www.prnewswire.com/news-releases/further–3iq-launch-digital-asset-market-neutral-multi-strategy-hedge-fund-302631267.html?utm_source=openai)) The earlier announcement serves as a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found between the earlier and later versions. The narrative has not appeared more than 7 days earlier, and the updated data in the later version justifies a higher freshness score. ([prnewswire.com](https://www.prnewswire.com/news-releases/further–3iq-launch-digital-asset-market-neutral-multi-strategy-hedge-fund-302631267.html?utm_source=openai))
Quotes check
Score:
10
Notes:
The quotes from Pascal St-Jean, President & CEO of 3iQ, and Faisal Al Hammadi, Managing Partner at Further, are consistent across all sources, with no variations in wording or discrepancies found. No earlier usage of these quotes was identified, indicating that the content is potentially original or exclusive.
Source reliability
Score:
9
Notes:
The narrative originates from reputable organisations: 3iQ Corp. and Further Asset Management. 3iQ is a global pioneer in digital asset investment solutions, and Further is a leading institutional investment solutions provider. Both entities have established public presences and legitimate websites, enhancing the credibility of the report.
Plausability check
Score:
8
Notes:
The claims about the launch of the Further x 3iQ Alpha Digital Fund, including the $100 million seed capital from institutional, family office, and sovereign investors, are plausible and align with the known activities of 3iQ and Further. The fund’s structure, including the dedicated Bitcoin share class, is consistent with industry trends in digital asset investment. The language and tone are appropriate for the region and topic, and the report includes specific factual anchors such as names, institutions, and dates. No excessive or off-topic details were noted, and the tone is consistent with typical corporate communications.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is fresh, with no evidence of recycled content. The quotes are original and consistent across sources. The sources are reputable, and the claims made are plausible and supported by specific details. No significant credibility risks were identified, leading to a high confidence in the assessment.