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Hunting Hill Digital Launches with Investment from BaseLayer Ventures

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NEW YORK — Hunting Hill Digital (“HHD”), an innovative alternative asset manager exclusively focused on digital asset management services and strategies, has launched with an investment from BaseLayer Ventures, an early-stage venture capital firm helping entrepreneurs build businesses essential to the commercialization potential of digital assets and services. As an affiliate of Hunting Hill Global Capital (“HHGC”), HHD brings distinctive infrastructure and operational experience to the digital asset ecosystem.

HHD seeks to capitalize on the growing demand for investment managers that combine extensive experience managing complex trades and portfolios, disciplined risk management practices, and proprietary operational capabilities with a “crypto-native” understanding of the digital asset universe. HHD’s growth strategy includes exploration of opportunities in tokenization and NFT asset management, which align with BaseLayer Ventures’ investment mandate. The partnership with BaseLayer Ventures also provides HHD access to a vast network of industry experts and advisors, as well as operational support, strategic guidance, and access to capital markets.

“Our team has been investing in digital assets since 2016, when we first identified the pricing dislocation opportunities in the crypto ecosystem,” said Adam Guren, Co-Founder of HHD. “As the market matures and demand from institutions increases, we are excited to expand our offerings to support an increasingly sophisticated investor community and explore opportunities beyond conventional investment management offerings. Our partnership with BaseLayer provides invaluable strategic guidance and support, allowing us to more effectively leverage our skills and capabilities to capitalize on emerging trends and product innovations.”

“The team at Hunting Hill has the requisite experience in portfolio management, trade execution, operations, and risk management across both traditional finance and crypto markets to take advantage of the rapidly evolving opportunities across the digital asset universe,” said John Paul Milciunas, Founder and Managing Director at BaseLayer Ventures. “We are excited to partner with the firm as it grows this business.”

Sonny Dozier joins Guren as Co-Founder of HHD. In addition to his role with HHD, Guren remains Chief Investment Officer at HHGC.

About Hunting Hill Digital

Hunting Hill Digital is an innovative alternative asset manager exclusively focused on digital asset investment strategies. As an affiliate of Hunting Hill Global Capital, a leading alternative asset manager with an exceptional expertise in leveraging global arbitrage and dislocation opportunities, HHD offers distinctive execution and operations experience. HHD provides investors access to digital assets and cryptocurrencies through a customizable and scalable multi-strat platform. Our skilled investment professionals have been unlocking niche opportunities and collaborating with leading institutional counterparties in cryptocurrencies since 2016 – one of the longest tenures in the market.

www.Huntinghill.com/digital

About Hunting Hill Global Capital

Hunting Hill Global Capital is a leading SEC-registered alternative asset management firm that specializes in identifying global arbitrage opportunities in complex and emerging asset classes. Its experienced multi-disciplinary team combines deep market knowledge with an extensive counterparty network to uncover hidden value across markets through multi-strategy arbitrage and market neutral strategies. The firm’s agility, innovation, and discipline drive its investment decision making and risk management processes, delivering uncorrelated and scalable returns.

www.Huntinghill.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230524005149/en/

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Contacts

For Investors:

Amy Suto
Hunting Hill Digital
digitalir@huntinghill.com

For Media:

Thomas Conroy
Peregrine Communications
huntinghill@peregrinecommunications.com

 

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Economy

S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.

The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.

This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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