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News Explorer — LedgerPrime Sheds FTX-Linked Brand, Becomes MNNC Group Following Fundraising

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Feb 29, 2:58 pm
The Block

LedgerPrime Sheds FTX-Linked Brand, Becomes MNNC Group Following Fundraising

Crypto hedge fund LedgerPrime, which was forced to wind down due to FTX's bankruptcy, has rebranded as MNNC Group. The new team includes former employees from LedgerPrime and has raised an undisclosed amount of money from backers. At its peak, LedgerPrime managed $400 million and achieved an annualized return average of approximately 40%.

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