Borderless Capital Acquires CTF Capital

Borderless Capital, a leading web3 investment firm, announced Tuesday the acquisition of CTF Capital. This move signifies Borderless’ first acquisition and marks its expansion into the burgeoning Latin American market.

Boosting Capabilities with AI

The acquisition brings CTF Capital’s expertise in AI-powered quantitative trading to Borderless. This infusion of technology strengthens Borderless’ standing in the fast-paced web3 landscape, where nimble trading is crucial.

Expanding Geographical Reach

Borderless plans to establish a new office in Argentina, a recognized hub for web3 innovation, as part of its Latin American expansion strategy.

CTF Capital’s Strengths

• Built advanced trading models leveraging AI, machine learning, and automated market-making (AMM) strategies.
• Utilized maximal extractable value (MEV) strategies to capitalize on decentralized finance opportunities.

Financial Details and Integration

• The financial terms of the deal remain undisclosed.
• Following the merger, Borderless will manage over $500 million in assets under management (AUM) across six funds.
• CTF Capital’s existing funds will be consolidated into Borderless’ existing Multi-Strategy Fund V LP.

Team & Talent

• CTF Capital’s entire 11-person team, including partners, joins Borderless, bringing the total headcount to nearly 40.

Synergies and Future Outlook

• Borderless anticipates financial benefits through access to CTF Capital’s Latin American investor network.
• Establishing a physical presence in the region allows for improved client service and fosters new opportunities.

Borderless Capital Portfolio Highlights

• Securitize (digital tokenized securities platform)
• Wormhole (blockchain infrastructure)
• Blockdaemon (blockchain infrastructure unicorn)
• Helium Network (decentralized physical infrastructure network)

This acquisition positions Borderless Capital for continued growth in the dynamic web3 space. By integrating AI-powered trading and establishing a foothold in Latin America, Borderless is poised to capitalize on emerging trends and support innovative ventures within the web3 ecosystem.