The team of Morgan Creek Capital plans to create a new hedge fund. The director of the company Mark Yusko is sure that behind the blockchain technology is future, therefore, Morgan Creek Capital intends to raise up to $500 million for cryptocurrencies and investments into blockchain. By buying a venture company Full Tilt Capital in North Carolina, the new fund will tokenize the real estate, debts and other types of capital for sale to investors. If Morgan Creek succeeds in attracting the planned $500 million which is about 25% of all assets under the company’s management, the established fund will become one of the largest cryptocurrency hedge funds in the world.
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