London, UK — Tok-Edge, a digital asset financial services firm building an institutional-grade hedge fund focused on liquid crypto assets and decentralized finance strategies, has unveiled the Redemption Token.
—
This new cryptoasset is designed to bridge traditional finance practices with blockchain infrastructure and comes as the company confirms a $15 million valuation.
Loading tweet...
View Tweet
Fundraising and Backing
Emerging from stealth ahead of its new fund launch, Tok-Edge raised $1.5 million at the $15M valuation from Marcus Meijer, a seasoned GP investor and founder of a $10 billion AUM fund. Meijer and a syndicate of backers are expected to anchor the fund with up to $10 million, as Tok-Edge begins fundraising from family offices, venture investors, and crypto-native funds.
The firm’s leadership team brings experience across Tier-1 institutions in TradFi and crypto, collectively managing over $950 billion in AUM, with backgrounds at CVC Capital, Bain Capital, KKR, BCG, Tufa, and GoCoin. Tok-Edge combines this expertise with blockchain infrastructure to deliver institutional-grade products and strategies in digital assets and DeFi.
How the Redemption Token Works
At the heart of Tok-Edge’s model is the Redemption Token, issued to fund investors and required for redeeming fund shares at net asset value. While ownership and economic rights remain tied to the fund shares, the tokens themselves can circulate freely on public blockchains, including Ethereum.
This structure allows them to trade on exchanges and integrate with DeFi protocols, creating liquidity, price discovery, and new use cases, while preserving regulated redemption mechanics.
Fund Strategy
The upcoming fund will deploy an actively managed strategy across liquid crypto assets and DeFi, generating returns from directional exposure, staking, and liquidity provision.
"Tok-Edge was founded to bring institutional-grade products to crypto markets, leveraging the openness and tech advantages of blockchain," said Raees Chowdhury, CIO of Tok-Edge. "The Redemption Token acts as a key for investors to redeem capital, while allowing secondary market trading for price discovery."
Eric Benz, former CEO of Changelly and Tok-Edge board advisor, added:
"This model separates the tradable token from the legal instrument of ownership, creating a structure that could expand institutional participation in digital asset products."
Fund Launch and Token Generation
Tok-Edge is capping its fund at $21 million at launch, mirrored by one Redemption Token per dollar committed. The firm expects a $100 million first close later in 2026, with allocations for launch being finalized in the coming months.
