Miami, USA, March 26th, 2024. Chainwire
Borderless Capital Expands Its Horizons: Integrates ai and Quant Expertise from CTF Capital for Enhanced Value Creation in the Digital Assets Space
Borderless Capital, a pioneering investment management firm specializing in Web3 technologies, has recently announced the acquisition of CTF Capital, a leading Miami and Latam-based quantitative trading and asset management company. The financial details of the deal have not been disclosed. This strategic move marks an important step forward for Borderless Capital, enabling it to enrich its investment suite with advanced quant trading methodologies and ai-driven strategies. Simultaneously, it signifies the firm’s expansion into the burgeoning LatAm market where it already boasts significant exposure through its portfolio companies and investors.
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Following the acquisition, all the existing Funds managed by CTF Capital have been merged with Borderless Capital Multi-Strategy Fund V LP, an open-ended hedge fund launched last year with $100m under management. Borderless Capital also manages a family of five Venture Funds, collectively managing more than half a billion dollars in assets across key categories such as DeFi, Ecosystem Funds, and Cross-Chain interoperability. The eleven-person team of CTF Capital, including two partners, has now joined forces with Borderless Capital and its affiliate group of companies.
“We are thrilled to welcome the CTF Capital team into the Borderless Capital family,” said David Garcia, Co-Founder and Managing Partner at Borderless Capital. “This partnership will allow us to provide better services to our investor base and group of portfolio companies, and we are excited about the new skills and expertise that the CTF team brings to the table. In a time when institutions and large organizations are driving market adoption of this asset class, we believe this move is strategically significant.”
“We are excited about the opportunity to join forces with Borderless Capital,” said Brian Prilick, former CEO of CTF Capital, now Partner at Borderless Capital. “This integration will help us scale the business in terms of volume and product development, ultimately translating into better returns, investment allocation, and risk management for our clients.”
Founded in Miami, CTF Capital is a quantitative crypto asset investment manager building cutting-edge trading models and capabilities in automated market making (AMM), MEV strategies, and a proprietary ai & ML Strategy Engine. With its headquarters in Miami and technology and operations teams based in Latin America, CTF Capital brings significant value to Borderless Capital’s offerings.
Looking ahead, Borderless Capital plans to open a new office in Argentina in early Q2 and establish its headquarters for the LatAm markets expansion. The firm is also developing new offerings to enrich its investor and founder services, solidifying its position at the forefront of this evolving space while driving value creation, technological advancement, and performant capital allocation in the digital asset space.
About Borderless Capital
Borderless Capital is a leading investment management firm dedicated to supporting the next generation of innovators in the Web3 space. With a team of builders, partners, and investors, Borderless Capital embraces a long-term perspective to unleash the full potential of open, community-driven networks. Since 2018, it has invested in over 200 protocols/companies across infrastructure, business applications, and nascent cryptographic protocols. For more information, please visit their Website.
About CTF Capital
CTF Capital is a quantitative crypto asset investment manager focused on exploiting investment opportunities through digital assets. With expertise in investing and trading in traditional and crypto markets, technology ventures, business development, software development, and cybersecurity, CTF Capital designs, develops, and implements investment products to gain exposure to crypto assets in a decentralized and open infrastructure. For more information, please visit their Website.
