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.

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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.

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