
3iQ Corp. (“3iQ”), a global leader in digital asset investment solutions, has announced a strategic partnership with Further, a prominent institutional investment solutions provider, to launch a digital asset multi-strategy hedge fund designed specifically for institutional and sophisticated investors.
This collaboration combines 3iQ’s institutional-grade infrastructure and expertise in digital asset solutions with Further’s deep knowledge of the blockchain and digital asset ecosystem. The partnership represents a major step forward in delivering innovative, sovereign-backed investment opportunities that address the growing demand for secure, risk-managed digital asset exposure.
Institutional investors have historically faced hurdles when allocating to digital assets, including custody challenges, operational complexity, and market volatility. This new hedge fund aims to overcome these barriers by offering a technically secure, transparent, and risk-managed investment approach while targeting compelling risk-adjusted returns.
The initiative builds on 3iQ’s history of innovation in digital asset investment. 3iQ was the first to launch the Digital Assets Managed Account Platform (QMAP), a hedge fund solution providing robust institutional infrastructure and risk-managed exposure to digital assets. QMAP’s success informs this next-generation collaboration with Further, bringing together the best of both firms’ expertise.
Building on this success, 3iQ also partnered with Abu Dhabi-based AltNovel, a private markets platform regulated by the FSRA, to launch the AltNovel Digital Access Portfolio (ADAP)—the Middle East’s first digital asset multi-strategy fund. ADAP invests across alpha-focused hedge funds, targeting strong absolute returns with low correlation to traditional markets.
Faisal Al Hammadi, Managing Partner at Further, commented: “This partnership with 3iQ reflects our conviction that digital assets are becoming a permanent allocation in institutional portfolios. By combining our regional expertise and investor relationships with 3iQ’s proven infrastructure and investment acumen, we are creating an innovative solution that lowers barriers to entry while upholding the highest standards of governance, transparency, and security. Our objective is clear: to empower institutional investors to participate in the digital asset economy with confidence, scale, and resilience.”
Pascal St-Jean, President & CEO at 3iQ, added: “Institutions are seeking ways to participate in digital asset markets without compromising on security or governance. Together with Further, we are creating a sovereign-backed, risk-managed solution that enables institutions and investors to allocate easily and securely in digital assets, while benefiting from rigorous professional oversight and the potential for market alpha.”
This partnership underscores the growing demand for institutional digital asset investment solutions and demonstrates both firms’ commitment to providing secure, transparent, and innovative strategies for sophisticated investors.