Truvius, a newly launched crypto investment platform, has secured $3.2 million in a pre-seed funding round led by Galaxy Ventures. The funding also saw participation from New Form Capital, Chainview Capital, and undisclosed angel investors, according to an announcement made by Truvius on Thursday.
Founded in 2022 and officially launching its platform today, Truvius offers both active and passive investment products tailored for individual and institutional investors. CEO Connor Farley, who previously held roles at AQR Capital Management, highlighted Truvius’ expertise in quantitative finance as a key differentiator.
“Our roots in quantitative finance provide our key differentiating edge,” Farley explained. “We leverage our expertise in fundamentals-driven quantitative investing and institutional portfolio construction and apply it to digital asset markets for sophisticated investor profiles.”
Max Freccia, Truvius’ co-founder and CFO, also brings extensive experience from AQR as a quantitative specialist. Farley emphasized that Truvius operates as a registered investment adviser with the U.S. Securities and Exchange Commission (SEC), ensuring compliance across its platform.
Truvius has partnered with Anchorage Digital, the sole federally chartered crypto bank in the U.S., to provide qualified custody and trading services. This strategic alliance aims to cater to the needs of institutional and high-net-worth investors who prioritize robust custody infrastructure.
Despite not being self-custodial, Farley clarified that this approach aligns with Truvius’ client base preferences. “Our institutional and high-net-worth investors are familiar with the custody infrastructure provided by traditional investment advisors,” he noted.
The minimum investment amounts on Truvius’ platform range from $15,000 to $50,000, encompassing a variety of passive and active investment options designed to meet diverse investor needs.
Currently employing four staff members, Truvius plans to expand its team, particularly in sales and engineering roles, to support its growth trajectory.
“Our goal is to expand the distribution of our systematic, actively managed investable smart beta and alpha strategies,” Farley affirmed. “We aim to enhance asset growth and further develop our network of family offices, high-net-worth individuals, and institutional investors.”
