Digital asset financial services company Tok Edge has raised approximately $1.5 million from supporter Marcus Meijer based on a $15 million valuation. The company is preparing to launch an institutional crypto hedge fund.

Meijer will lead the fund with up to $10 million in capital alongside other investor groups. He previously founded a fund with $10 billion in assets under management.
Tok Edge also aims to attract supporters from family offices, venture capital names, and firms specific to the crypto sector.
Interest in Tok Edge in its early stages remains strong. The company is targeting an initial close of $100 million later this year. This fund marks a significant milestone in securing investor commitments to begin capital deployment into digital assets.
Managed by a leadership team with experience at traditional financial groups like CVC Capital Partners and Bain Capital, Tok Edge aims to offer institutional investors the opportunity to allocate capital to crypto markets in a regulated and structured manner.
Tok Edge CIO Raees Chowdhury said, "Institutional demand for digital assets is now confirmed by BlackRock’s Bitcoin ETF and Strategy’s digital asset treasury. However, these are the only asset products limited to traditional finance rails. They don’t touch DeFi. Meanwhile, capital markets are being rebuilt on-chain with 24-hour settlement, without centralized intermediaries, and with programmable infrastructure."
Unlike some crypto funds, Tok Edge does not intend to lock capital for years. The fund is structured as a liquid strategy, allowing investors to withdraw their capital at scheduled intervals. The company noted that this model resembles traditional hedge fund liquidity.
Meanwhile, Tok Edge is also introducing a digital tool called the Redemption Token. This token will be distributed to fund investors. It is designed to be freely tradable on public blockchains, enabling investors to sell the digital asset on a crypto exchange or use it in other applications.
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