Daniel Howard, Son Of Billionaire Alan Howard, Launches Crypto VC Halo Capital

IconCryptoNewsTerminal Staff05 Sep, 2024

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Daniel Howard, Son Of Billionaire Alan Howard, Launches Crypto VC Halo Capital

Daniel Howard, son of British billionaire hedge fund manager Alan Howard, is launching a cryptocurrency venture capital fund called Halo Capital. The fund will invest in early-stage crypto projects and decentralized artificial intelligence (AI). Halo Capital is raising a $25 million fund, according to a report by The Block. The fund will invest in seed and Series A rounds of crypto projects. Halo Capital will focus on projects that are building infrastructure for the crypto ecosystem, as well as projects that are using AI to solve problems in the crypto industry. Daniel Howard has a background in both finance and technology. He worked as a trader at AHL, the hedge fund founded by his father. He also founded a technology company called Sthaler, which was acquired by the financial data company Refinitiv. Halo Capital is the latest in a growing number of crypto venture capital funds. The crypto industry has seen a surge of investment in recent years, as more and more investors are looking to get involved in the asset class.