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Maelstrom, the Family Office of BitMEX Co-founder Arthur Hayes, Invests in Private Companies

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It is reported that Arthur Hayes, co-founder and former CEO of BitMEX, said that his family office, Maelstrom, has made 10 to 20 investments in private compani…

Maelstrom, the Family Office of BitMEX Co-founder Arthur Hayes, Invests in Private Companies

It is reported that Arthur Hayes, co-founder and former CEO of BitMEX, said that his family office, Maelstrom, has made 10 to 20 investments in private companies. According to Maelstrom’s website, Maelstrom focuses on investing in cryptocurrencies and digital assets.

BitMEX co-founder Arthur Hayes is investing in encryption through his family office, Maelstrom

Interpretation of the news:


Arthur Hayes, the co-founder and former CEO of BitMEX, has revealed that his family office, Maelstrom, has made between 10 to 20 investments in private companies. Maelstrom, according to its website, focuses on investing in cryptocurrencies and digital assets. These latest investments indicate a move by Maelstrom towards diversifying its portfolio beyond digital assets and into private companies.

The news comes at a time when the cryptocurrency market is experiencing a bull run, with Bitcoin breaking past $64,000 for the first time in history. The surge in Bitcoin’s price is expected to drive more investors towards cryptocurrencies, further increasing the industry’s market capitalization. However, Maelstrom’s investments in private companies suggest that the company is looking at other investment opportunities beyond cryptocurrencies.

Maelstrom’s website states that it is “a family office focused on investments in digital assets and cryptocurrencies with a long-term investment horizon.” The company’s portfolio includes investments in leading cryptocurrency exchange Bitmex, as well as bitcoin exchange-traded fund (ETF) Grayscale Bitcoin Trust, and crypto derivatives exchange Deribit.

Hayes, a former derivatives trader, co-founded BitMEX in 2014, along with Samuel Reed and Ben Delo. BitMEX was one of the world’s largest cryptocurrency exchanges, but has been under regulatory scrutiny in recent years. In October 2020, Hayes resigned as CEO of BitMEX along with Reed and Delo, after being indicted by U.S. authorities on charges of violating the Bank Secrecy Act.

Maelstrom’s move towards private company investments is expected to bring it into competition with other family offices such as the Rockefeller Family Office and Soros Fund Management, which have diversified their portfolios beyond traditional asset classes. Private company investments are generally considered riskier than public market investments due to the absence of regulatory oversight and limited liquidity.

In conclusion, Maelstrom’s shift towards private company investments indicates a move beyond digital assets towards traditional asset classes. Arthur Hayes, the CEO and co-founder of BitMEX, has successfully launched an investment vehicle that is expanding its investment horizon. The diversification of their portfolio shows that Maelstrom is committed to evolving with the changing market and the risks associated with it.

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