The net value of Metalpha's Next Generation Fund has increased by 375.5% over two years, and the second phase of the fund will continue to focus on equity investments related to crypto assets

ChainCatcher news, according to PR Newswire, Metalpha Technology Holding Limited (NASDAQ: MATH) announced that its SFC License No. 9 company LSQ Capital-managed Next Generation Fund has successfully completed its two-year investment period, with a net asset value (NAV) growth of 375.5%, far exceeding the 67.3% increase in Bitcoin during the same period.

The fund started trading in late March 2023 and has performed exceptionally well. Metalpha CEO Adrian Wang stated that this success is attributed to the team's market insights, risk management, and partnerships.

As the fund cycle concludes, Metalpha has transferred its entire 40% stake in NextGen Digital Venture to NextGen Digital Venture founder Jason Huang to strengthen the strategic cooperation between the two parties. Jason Huang revealed that NextGen has launched its second-phase fund, which will continue to focus on equity investments related to crypto assets, seizing opportunities in the transformation of the digital finance sector.