Key Takeaways
- • Further Asset Management and 3iQ Corp. 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.
- • The fund is seeded with US$100 million from institutional, family office and sovereign investors, according to the press release.
- • The Bitcoin share class is anchored by a significant in-kind investment from an Abu Dhabi-based family office, with an objective to accumulate BTC while maintaining long Bitcoin exposure.
- • The fund targets potential double-digit returns, though the release notes digital assets carry a high degree of risk, including potential loss of the entire investment.
- • 3iQ, which Monex Group acquired a majority stake in during 2024, positions the fund as an institutional-grade vehicle building on its QMAP managed account platform.
Summary
Further Asset Management, a UAE-based digital asset investment manager, and 3iQ Corp., a digital asset investment solutions provider, announced the launch of the Further x 3iQ Alpha Digital Fund, a market-neutral, multi-strategy hedge fund offering risk-managed exposure to digital assets, according to a PR Newswire Canada release dated December 3, 2025.
The fund was seeded with US$100 million from institutional, family office and sovereign investors. The companies target institutional investors, family offices and sovereign wealth funds, positioning the vehicle as a way to pursue alpha in liquid digital asset markets within an institutional risk framework, while pursuing potential double-digit returns. The release describes the launch as a significant step in sovereign-backed participation in the digital asset ecosystem.
The fund includes a Bitcoin share class that allows BTC holders to subscribe in bitcoin and compound strategy returns in BTC without giving up exposure to the underlying asset. The share class is anchored by a significant in-kind investment from an Abu Dhabi-based family office. Its stated objective is to accumulate BTC while maintaining long Bitcoin exposure.
Pascal St-Jean, President and CEO of 3iQ, said the fund addresses core challenges institutional investors face when accessing digital assets and provides a framework that meets institutional due diligence standards. Faisal Al Hammadi, Managing Partner at Further, said the structure had passed the due diligence of leading global capital allocators.
3iQ, founded in 2012, previously launched QMAP, which it describes as the world's first Digital Assets Managed Account Platform. Monex Group, a Japanese financial group, took a majority stake in 3iQ in 2024. The release includes standard risk disclaimers noting that digital asset investment carries substantial risk and that the information is not investment advice.
The fund was seeded with US$100 million from institutional, family office and sovereign investors. The companies target institutional investors, family offices and sovereign wealth funds, positioning the vehicle as a way to pursue alpha in liquid digital asset markets within an institutional risk framework, while pursuing potential double-digit returns. The release describes the launch as a significant step in sovereign-backed participation in the digital asset ecosystem.
The fund includes a Bitcoin share class that allows BTC holders to subscribe in bitcoin and compound strategy returns in BTC without giving up exposure to the underlying asset. The share class is anchored by a significant in-kind investment from an Abu Dhabi-based family office. Its stated objective is to accumulate BTC while maintaining long Bitcoin exposure.
Pascal St-Jean, President and CEO of 3iQ, said the fund addresses core challenges institutional investors face when accessing digital assets and provides a framework that meets institutional due diligence standards. Faisal Al Hammadi, Managing Partner at Further, said the structure had passed the due diligence of leading global capital allocators.
3iQ, founded in 2012, previously launched QMAP, which it describes as the world's first Digital Assets Managed Account Platform. Monex Group, a Japanese financial group, took a majority stake in 3iQ in 2024. The release includes standard risk disclaimers noting that digital asset investment carries substantial risk and that the information is not investment advice.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.