Halogen Capital launches actively managed crypto fund, 70% of ETH held can be used for Ethereum network verification

Digital fund management company Halogen Capital has announced the launch of the actively managed Halogen Shariah Crypto Titans Fund (HSCTF). According to the fund's information memorandum, HSCTF aims to invest 70% to 100% of its net asset value in at least four Shariah-compliant digital assets traded on a digital asset exchange (DAX) licensed by the Securities Commission Malaysia (SC). Additionally, up to 70% of the ETH held by the fund will be used for Ethereum network validation activities. Halogen Capital is a digital fund management company launched by Hann Liew and Lucas Ooi, co-founders of Malaysian fintech company Jirnexu, and its clients' assets will be protected by a trustee registered with the Securities Commission Malaysia (SC).