Cryptoasset manager Algoz has doubled its assets under management (AUM) to morethan $200 million and will launch a Cayman Islands-based fund with a US Feeder,FinanceMagnates.com learned exclusively.Algoz Doubles AUM to$200M, Opens Cayman Fund for US InstitutionsThe Israeli-basedfirm, registered as a Commodity Trading Advisor (CTA) with the National FuturesAssociation (NFA), said the new fund structure will allow USprofessional institutions to invest in its quantitative tradingstrategies. Algoz crossed the $100 million AUM threshold in the first halfof this year, managing more than 50 self-managed accounts forinstitutional clients. Now, the AUM doubled."Our Selfmanaged account solution has been superb, propelling us to over $200million in AUM,” CEO Tal Teperberg commented in a statement shared with FinanceMagnates.com. “However, we discovered manyfamily office and allocators simply didn't have a mandate to invest inan SMA and so we believed the time was right to make a battlehardened and successful Market Neutral strategy available to a much widerinvestment group.”The newCayman fund will run Algoz's Market Neutral strategy, which the companysays generates returns with low volatility regardless ofbroader cryptocurrency price movements. The fund will accept investmentsin US dollars, Bitcoin, Ethereum, XRP, and Solana.The firmtargets family offices, institutional allocators, and digital assettreasury companies looking for alternatives to simply holding tokens. Fundassets will be held through Algoz's custody protection product and tradedusing an off-exchange settlement system designed to reduce counterpartyrisk.Custody PartnershipAddresses Institutional ConcernsAlgozpartners with ZodiaCustody, the digital asset custodian backed by Standard Chartered,National Australia Bank, and Northern Trust, to provide segregated coldstorage for client assets. The arrangement follows a pattern the firmestablished in 2023 when it launched its Quant Pro product toeliminate counterparty risks that have deterred institutional investors."Investorswill still get our custody protection model, thanks to ourpartnership with Zodia, and now be able to invest in a regulated,managed, and audited fund structure. We are excited for the prospect ofthis fund," Teperberg said.The master-feederstructure using a Cayman exempted company with a US Feeder vehicle hasbecome common for crypto investment funds seeking to accommodateboth US taxable investors and international clients. The arrangementallows professional investors to allocate capital through familiar regulatoryframeworks while maintaining exposure to digital asset strategies.FirmBuilt Infrastructure After Exchange CollapsesAlgozdeveloped its off-exchange settlement approach and custody protectionsfollowing high-profile failures of crypto exchanges includingFTX. The 2022 collapse exposed how exchanges commingled customerfunds, prompting regulatory action against major platforms by theSecurities and Exchange Commission.Thefirm's Quant Pro product, launchedin 2023, uses off-exchange settlements through Bitfinex and custodyinfrastructure that keeps client assets separate from exchange andmanagement company balance sheets. Stephen Wundke, Global BusinessDevelopment Director at Algoz, said at the time that if all threeparties in the relationship failed, customers would still retaintheir coins."Thewallet holds the coins entrusted and protects it from being hacked ormalfeasant. It protects it in the way it would, but it's held in trust. It'snot the asset of the custodian," he commented.Algozrequires a minimum investment of $100,000 from professional andaccredited investors. The firm allows clients to change strategies onceper month without cost and permits withdrawals without the 30- to 90-day lockupperiods common in traditional hedge funds.The companywas founded in 2016 by Teperberg and registered with the CFTC and NFA as a CTA.It also holds SWAP firm registration with the NFA. The firm manages more than40 institutional accounts and has said it plans to scale capacity to $500million in AUM.This article was written by Damian Chmiel at www.financemagnates.com.