The cryptocurrency asset allocation platform OkaFund has completed a $1 million seed round financing, with participation from DC Capital and others

ChainCatcher news, according to official sources, the crypto asset allocation platform OkaFund (OkaFund.com) has completed a $1 million seed round financing, with investments from DC Capital, FreeLunch Capital, and Locoo International Capital.

It is reported that OkaFund has completed a reserve investment of $200 million for quantitative teams within less than 2 months of its launch (by providing funding support to quantitative teams through exchange custody sub-accounts).

The three founders of the team are Jason Yu, Hao Shen, and Sebastian Gawenda, who previously worked at well-known companies such as Crypto.com, Kraken, Bybit, OKX, and Bitman.

OkaFund will integrate four major sectors: Capital Intro, Data Show, Quant Strategy Fund, and Crypto MorningStar, becoming a one-stop service platform for investors and quantitative teams.