Cypher Capital
- Company typePrivate
- Founded2022
- HeadquartersDubai, United Arab Emirates
- Headcount11–50
- GTM typeB2B
- OfferingServices
Cypher Capital firmographics
Firmographics- Name
- Cypher Capital
- Legal name
- Cypher Capital (BVI) Limited
- Website
- https://cyphercapital.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Cypher Capital industry classification
Industry- Product category
- Digital Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282), Finance Services (6199)
- akta.pro primary industry
- Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA)
- akta.pro secondary industries
- Venture Capital Fund-of-Funds (FSANAGAC), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)
Keywords
Where Cypher Capital is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices5 records
Markets served
Cypher Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: Annual management fees charged on assets under management across fund products. Cypher Digital Fund charges 2% p.a., Market Neutral Yield and Secured Yield AMCs charge 1.5% p.a.
- Performance Fees: Performance-based fees charged on returns above high-water marks. Cypher Digital Fund charges 20% performance fee above high-water mark.
- Investment Returns: Returns generated through proprietary capital deployment across venture capital, public markets, private equity, and infrastructure investments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Cypher Digital Fund - Active crypto management strategy |
| Subscription | Pay-as-you-go | Cypher Market Neutral Yield - Delta-neutral arbitrage strategy |
| Subscription | Pay-as-you-go | Cypher Secured Yield - Overcollateralised lending strategy |
| Subscription | Annual | Separately Managed Accounts (SMAs) - Bespoke mandates |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
Cypher Capital product offering
Product offeringCore offering
Cypher Capital is a Dubai-based, multi-strategy investment firm that manages institutional capital across digital assets, AI infrastructure, and traditional markets through regulated fund vehicles and discretionary mandates. The firm operates a flagship multi-strategy digital asset fund, ISIN-backed Actively Managed Certificates (AMCs) listed on the SIX Swiss Exchange, and separately managed accounts (SMAs) tailored to qualified institutional and private investors.
Product overview
Cypher Capital is an institutional investment and asset management platform spanning digital assets, artificial intelligence infrastructure, and traditional markets including securities, commodities, and private equity. The platform offers a suite of regulated investment products structured for institutional allocators, family offices, and qualified private investors. At the core is the Cypher Digital Fund, a flagship multi-strategy vehicle allocating across liquid and private markets. This is complemented by three Actively Managed Certificates (AMCs) listed on SIX Swiss Exchange with ISINs — Cypher Digital Fund AMC (CH1564493604), Cypher Market Neutral Yield AMC (CH1517136789), and Cypher Secured Yield AMC (CH1529908092) — offering institutional-grade crypto investment strategies through familiar bankable securities formats. Separately Managed Accounts (SMAs) provide bespoke mandates with full client custody. The platform operates across five investment divisions — Public Markets, Venture Capital, Private Equity, Structured Products & Solutions, and Infrastructure & Physical Assets — each with distinct mandates and dedicated expertise. Investment management services are provided by Cypher Capital (BVI) Limited.
Differentiator
Problem solved
Functional benefit
Brands
- Cypher Digital Fund: Flagship multi-strategy vehicle allocating across liquid and private markets, combining directional positioning, venture exposure, and hedged income generation.
- Cypher Digital Asset Fund AMC
- Cypher Market Neutral Yield AMC
- Cypher Secured Yield AMC
- Cypher Separately Managed Accounts (SMAs)
Products and services
- Cypher Digital Fund Flagship multi-strategy digital asset fund providing diversified exposure to blockchain, crypto, and AI infrastructure investments; designed for institutional and qualified private investors.
- Cypher Digital Fund AMC ISIN-backed Actively Managed Certificate mirroring the Cypher Digital Fund, tradable on the SIX Swiss Exchange and settleable via Euroclear/Clearstream for institutional accessibility.
- Cypher Market Neutral Yield AMC Actively Managed Certificate offering market-neutral yield exposure designed to generate returns independent of broader digital asset market direction.
- Cypher Secured Yield AMC Actively Managed Certificate providing secured/collateralized yield exposure to digital assets, structured to emphasize capital protection alongside yield generation.
- Separately Managed Accounts (SMAs) Bespoke discretionary investment mandates allowing qualified investors to deploy capital into Cypher's strategies under customized terms; subject to minimum investment thresholds.
- Venture Capital Investments Early- and growth-stage venture capital investments in digital asset, blockchain, and AI infrastructure companies, including direct equity and token-based allocations.
- Private Equity Investments Private equity investments targeting later-stage opportunities across digital asset and AI infrastructure sectors.
- Public Markets Investments Investments in publicly traded equities and related instruments, complementing digital asset exposure within the multi-strategy platform.
- Structured Products & Solutions Tailored structured investment products and bespoke solutions designed for institutional and qualified private investor requirements.
- Infrastructure & Physical Assets Investments in physical and infrastructure assets supporting the digital economy, including compute, mining, and related real-asset exposures.
Quantifiable outcome
- 6.18x MOIC and 518% returns from pilot fund (Vintage 2022), outperforming Bitcoin's 129% over same period
- +2 more outcomes
Companies that use Cypher Capital
Customer profileSegments3 records
Ideal customer profiles3 records
Cypher Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Cypher Capital partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Storm GroupcoreCypher Capital partners with Storm Group as its AI data centre operating partner to deliver institutional-grade infrastructure investment opportunities. Storm Group develops, finances, and operates large-scale data centre infrastructure for enterprise AI workloads. Cypher Capital structures the investment vehicles and syndicates capital, while Storm Group manages the underlying assets. This partnership positions investors at the intersection of energy infrastructure and artificial intelligence.
- Kaiser Partner PrivatbankcoreKaiser Partner Privatbank serves as the custodian for Cypher Capital's Actively Managed Certificates (AMCs), providing institutional-grade custody infrastructure for Luxembourg-issued securitisation fund products.
- FormidiumminorFormidium serves as the fund administrator for Cypher Digital Asset Fund, providing independent administration and NAV calculation services.
- BDO Cayman LtdminorBDO Cayman Ltd serves as the independent auditor for Cypher Digital Asset Fund, providing audited financial statements per institutional standards.
- HarneysminorHarneys provides legal counsel for Cypher Digital Asset Fund, ensuring compliance with Cayman Islands regulations and institutional governance standards.
- Kyros Issuance LuxcoreKyros Issuance Lux is the Luxembourg securitisation fund (fonds de titrisation) issuer for Cypher Capital's Actively Managed Certificates, governed by Luxembourg act of 22 March 2004 on securitisation with segregated, ring-fenced compartments.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Cypher Capital competitors and assessment
Company assessmentDirect peers
- Galaxy Digital: Multi-strategy digital asset investment platform offering trading, asset management, venture investing, and mining across institutional clients — directly mirrors Cypher's five-division structure spanning public markets, VC, PE, structured products, and infrastructure.
- Pantera Capital: One of the largest crypto-focused investment firms operating venture, liquid token, and hedge fund strategies — closely comparable to Cypher's multi-strategy digital asset mandate and institutional LP base.
- Multicoin Capital: Crypto-native investment firm running venture, liquid hedge fund, and token treasury strategies — directly comparable in thesis-driven digital asset allocation and institutional product structure.
- HashKey Capital: Asia-headquartered digital asset investment firm with venture, liquid funds, and institutional services — comparable regulated platform serving institutional and family office clients across Asian and global markets.
- Blockchain Capital: Pioneer crypto venture firm with multi-fund strategy spanning seed to growth stages — directly comparable to Cypher's venture division in thesis-driven digital asset investing.
- Polychain Capital: Early crypto-native venture firm investing across tokens and equity with multi-strategy funds — comparable in deploying capital across liquid and venture digital asset opportunities.
- 1kx: Crypto-native investment firm operating venture and liquid token strategies — comparable multi-strategy platform targeting institutional and accredited digital asset allocators.
- Kenetic Capital: Hong Kong-based digital asset investment firm focused on liquid tokens, venture, and trading — directly comparable regional peer with similar institutional product offering.
Broad incumbents
- Coinbase Ventures: Investment arm of Coinbase operating across early-stage venture and liquid digital assets — broader incumbent with deeper balance sheet and public-market infrastructure backing its investment activities.
- a16z crypto: Dedicated crypto fund within Andreessen Horowitz spanning venture, tokens, and infrastructure — larger incumbent competitor with greater brand recognition and LP reach in the same thesis-driven digital asset investing category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Cypher Capital social profiles
Digital presenceCypher Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cypher Capital leadership team
Management profileNumber of profiles
Profiles9 records
Cypher Capital subsidiaries and ownership
Company hierarchySubsidiaries2 records
Cypher Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cypher Capital M&A and investment
M&A and investmentM&A
Investments61 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cypher Capital
What does Cypher Capital do?
Cypher Capital is a Dubai-based, multi-strategy investment firm that manages institutional capital across digital assets, AI infrastructure, and traditional markets through regulated fund vehicles and discretionary mandates. The firm operates a flagship multi-strategy digital asset fund, ISIN-backed Actively Managed Certificates (AMCs) listed on the SIX Swiss Exchange, and separately managed accounts (SMAs) tailored to qualified institutional and private investors.
Is Cypher Capital a public or private company?
Cypher Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Cypher Capital founded?
Cypher Capital was founded in 2022. It employs 11 to 50 people.
Where is Cypher Capital based?
Cypher Capital is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Cypher Capital make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance Fees and investment Returns.
Who are Cypher Capital's main competitors?
Direct peers on record are Galaxy Digital, Pantera Capital, Multicoin Capital, HashKey Capital, Blockchain Capital, Polychain Capital, 1kx and Kenetic Capital. Broad incumbents are Coinbase Ventures and a16z crypto.
Does Cypher Capital have an API?
No public API is recorded for Cypher Capital.
What industry is Cypher Capital in?
Cypher Capital's product category is Digital Asset Management. Its primary akta.pro industry code is FSANAHAA, Strategic / Balance-Sheet CVC (On-balance-sheet investing), with a secondary code of FSANAGAC, Venture Capital Fund-of-Funds. Its NAICS code is 523940 and its SIC code is 6282.