Former Chorus One CIO Makes Power Move: Launches $20M Crypto Fund to Capitalize on Market Upswing

Crypto's institutional players keep doubling down—even when retail investors get cold feet. The ex-Chief Investment Officer of Chorus One just threw $20 million into the ring, betting big on blockchain's next act.

Why now? With Bitcoin clawing back from its 2022 lows and DeFi protocols quietly rebuilding, seasoned crypto vets are pouncing. This fund’s launch screams confidence in a sector that Wall Street still loves to hate (between martini lunches, of course).

The play? Undisclosed—but when a former institutional heavyweight jumps in with eight figures, it’s rarely about memecoins. Watch for infrastructure bets: staking services, L2 solutions, and the boring-but-profitable plumbing that makes crypto actually work.

One hedge fund manager’s ‘reckless gamble’ is another’s calculated entry point. Just don’t expect the usual suspects in pinstripes to admit they’re FOMO-ing yet.