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Dubai firm Cypher Capital says launches $100 mln digital asset fund

Reported by Reuters
Mar 23, 2022· 2 min read
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Key Takeaways
  • • Cypher Capital, a Dubai-based investment firm, has launched a $100 million digital asset fund focused on venture capital investments in the sector.
  • • The fund will be financed by company founder Bijan Alizadeh and will invest across digital assets, decentralized finance (DeFi) platforms, and blockchain infrastructure.
  • • Arash Saidi serves as Chief Executive Officer of Cypher Capital, while Vineet Budki holds the position of Managing Partner.
  • • The firm operates as a multi-asset management platform spanning digital assets, artificial intelligence infrastructure, and traditional asset classes, with the Cypher Digital Fund serving as the primary vehicle for venture and digital asset allocations.
Summary
Cypher Capital, a UAE-based institutional investment and asset management platform headquartered in Dubai, has launched a $100 million seed fund dedicated to digital asset investments. The fund represents a significant commitment to the venture capital segment of the cryptocurrency and blockchain ecosystem at a time of market volatility and regulatory scrutiny in the digital assets space.

The fund will be capitalized by Bijan Alizadeh, the company's founder, underscoring founder-led conviction in the digital asset thesis. According to available information, the fund will deploy capital across multiple segments within digital assets, including decentralized finance platforms and blockchain infrastructure—two areas of institutional investor focus within the crypto ecosystem.

Cypher Capital operates as a broader multi-asset management platform extending beyond digital assets into artificial intelligence infrastructure and traditional asset management. The Cypher Digital Fund functions as the primary investment vehicle through which the firm's venture and digital asset allocations are executed. Leadership includes Arash Saidi as Chief Executive Officer and Vineet Budki as Managing Partner, positioning the firm with experienced management oversight across its investment mandate.

The $100 million commitment reflects continued institutional appetite for digital asset exposure despite 2022 market headwinds. The fund's focus on DeFi platforms and blockchain infrastructure suggests positioning toward foundational technologies and financial primitives within the digital asset ecosystem rather than speculative plays.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Reuters Dubai firm Cypher Capital says launches $100 mln digital asset fund