3IQ, a digital asset investment solutions, has partnered with UAE based Further Ventures, an institution investment solutions provider, to launch a digital asset multi-strategy hedge fund designed for institutional and sophisticated investors. 3IQ will offer its institutional grade digital asset solutions and Further will offer its digital asset and blockchain ecosystems.
The initiative builds on 3iQ’s pioneering track record as a digital asset innovator. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution with robust institutional infrastructure. QMAP demonstrates how risk-managed strategies can provide secure exposure to digital assets, helping inform this next-generation partnership with Further.
Faisal Al Hammadi, Managing Partner at Further, said, “This partnership with 3iQ reflects our conviction that digital assets are becoming a permanent allocation in institutional portfolios. By combining our regional expertise and investor relationships with 3iQ’s proven infrastructure and investment acumen, we are creating an innovative solution that lowers barriers to entry while upholding the highest standards of governance, transparency, and security. Our objective is clear: to empower institutional investors to participate in the digital asset economy with confidence, scale, and resilience.”
Pascal St-Jean, President & CEO at 3iQ, said, “Institutions are seeking ways to participate in digital asset markets without compromising on security or governance. Together with Further, we are creating a sovereign-backed, risk-managed solution that enables institutions and investors to allocate easily and securely in digital assets, while benefiting from rigorous professional oversight and the potential for market alpha.”
In May 2025, AltNovel, an Abu Dhabi-based private markets platform regulated by the Financial Services Regulatory Authority (FSRA) at ADGM, also partnered with 3iQ, to launch the AltNovel Digital Access Portfolio (ADAP), digital asset Multi-Strategy Fund in the Middle East.
While UAE sovereign wealth fund backed, investment firm, Further Ventures, co led a $19 million Series A funding round in Grvt, a DEX ( Decentralized Exchange) for onchain financial privacy powered by zero knowledge technology. Earlier this year, Further Ventures also invested $5 million into Grvt noting that the investment was made to drive Grvt’S Middle East expansion and license progress.
