Tian Zeng, a former Jefferies trader, has officially launched the Third Eye hedge fund with $70 million in capital, starting operations on August 1, 2025.
Overview of Third Eye
The Third Eye hedge fund was founded by Tian Zeng, who has gained experience at prestigious institutions such as Citigroup and Deutsche Bank. The fund will focus on investments in cryptocurrencies and related equities.
Investment Strategy and Target Audience
The fund employs a diversified long-short strategy aimed at achieving stable returns amidst financial volatility. Its main investors include family offices and high-net-worth individuals.
Impact on the Crypto Market
The launch of Third Eye underscores a growing interest from traditional finance in cryptocurrencies, potentially influencing market dynamics and liquidity. The fund is expected to bring institutional-grade strategies, increasing participation in major cryptocurrencies like BTC and ETH.
The launch of Third Eye signals a continuing migration of financial assets into cryptocurrencies, which may affect market practices and draw attention to compliance issues.
