Strategic investment

Thesis driven hedge fund investing in cryptocurrencies and blockchain

Rather than try to pursue every niche of the blockchain ecosystem, we make a conscious effort to focus our attention on our highest conviction and most differentiated theses.
About Us

A fresh approach to crypto trading

Having invested and traded across a broad range of markets, our team has a wealth of experience to bring to the crypto space.
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Thesis

Strategic Investment

We believe Ethereum is a generational investment headed into 2022, learn how we'll leverage this cryptocurrency to generate returns for our investors.
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Investment

Thesis Driven Approach to Investment

If you're thinking of investing in crypto, learn more about how we approach investment and create generous returns for our investors.
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Ethereum Merge — Thesis Update

As we approach the Merge, we wanted to provide on how we are thinking about the Ethereum ecosystem and specifically Merge-related investments. This is meant as follow-up to the prior article we wrote on Ethereum, which can be found here. Since I published the original article in January much has transpired, some assumptions have changed and the outlook for the future has been altered. Despite this, the core thesis remains, Ethereum is set to undergo the largest structural shift in the history of crypto.

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Business Insider: A 28-year-old former Morgan Stanley associate breaks down 3 reasons why he started a $30 million crypto hedge fund to 'almost solely' invest in Ethereum's Merge

From retail to institutional players, Ethereum's Merge has caught the eyes of prospective investors across the board in recent months. Citigroup, for example, said ether – the native crypto of […]

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Is the Merge Priced In? with Hal Press & Ryan Berckmans

 

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The Ethereum Merge Thesis with Hal Press and Nikhil Shamapant
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Watch Hal and the Bankless team discuss the Merge
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Hal Press

About US
Founder

Prior to founding NRD in 2021, Mr. Press worked as a senior analyst covering the technology sector, at Maverick Capital, a $12B Equity hedge fund. Earlier in his career, he worked at Morgan Stanley serving as an Associate in a variety of divisions including institutional equities, equity research and investment management/private equity. Mr. Press holds a Bachelor of Science in mechanical engineering from the Pratt School of Engineering at Duke University

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