Metalpha is trying to increase $100 million for the Subsequent Technology Fund I, which it has shaped in partnership with NextGen Digital Enterprise Restricted. As of the tip of March, Metalpha has raised $20 million in direction of that objective. The fund invests in Grayscale merchandise via structured derivatives, granting entry to mainstays of digital asset portfolios in a means that’s compliant with U.S. and Hong Kong legal guidelines.