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Digital Technologies Fund

The Digital Technologies Fund is an open-end fund incorporated in Liechtenstein, targeting above-average capital growth over the medium to long term. The strategy invests across listed equities linked to digital ecosystems, with a focus on financial technology, data infrastructure, AI, digital markets, and related innovation themes.

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Investment Case

Combined market opportunity

The rapid convergence of blockchain technology, traditional capital markets and AI are creating a multi-trillion dollar opportunity.

Projected expansion over the next 10Y

Long term adoption of stablecoins and digital infrastructure continues to expand the industry opportunity set.

Valuation spread between most and least valued firms

Higher internal dispersion can create asymetric trading opportunities for active managers.

01. Convergence
03. Tactical & Relative value
$ 3 Trillion
18X
02. Secular Growth
20X
Market Opportunity 

Digital assets are becoming an increasingly important part of the global financial system, driven by accelerating adoption and deeper integration with traditional capital markets. From stablecoin payments to blockchain based issuance and settlement, digital asset infrastructure is reshaping how value is transferred, safeguarded, and exchanged across the global economy. As agentic AI develops, crypto native wallet and identity technologies may also become essential infrastructure for autonomous digital agents to transact and operate securely. Together, these developments are reshaping financial infrastructure and creating a new long term opportunity set across public markets.

Fund Strategy

The Digital Technologies Fund is an actively managed thematic fund for qualified and professional investors, designed to translate this structural shift into a focused public markets strategy. The portfolio management team identifies listed companies and ETFs positioned to benefit from the growth of crypto infrastructure, blockchain technology, AI, fintech, and broader digital innovation. The fund does not invest directly in spot crypto assets, but provides exposure through regulated, publicly listed instruments.

Clearer
Regulation

A regulatory inflection point is emerging, with over 70% of major global jurisdictions progressing stablecoin regulation in 2025 and clearer market frameworks beginning to take shape.

Why now?

Stronger
Infrastructure

Blockchain-based infrastructure is moving into institutional workflows, with 52% of financial firms surveyed in a recent NASDAQ study expect to use tokenized collateral by the end of 2026.

Broader
Adoption

Mainstream adoption is broadening, with 19 spot crypto ETFs approved in 2024 and 7 of the 10 largest wealth managers now enabling crypto investments, expanding access to a U.S. RIA market of more than $140tn. in assets.

Core Strategy Pillars

Our investment approach is anchored in five core pillars that shape how the portfolio is constructed and managed.

Active management & specialist expertise

Backed by BIT Group’s experience in digital markets since 2019, the fund combines specialist knowledge with an active approach that seeks to participate in upside while managing downside risk.

Captures structural convergence

Invests in opportunities emerging from the convergence of digital assets, fintech, AI infrastructure, and public markets.

Focused on listed market access 

Expressed through listed equities and ETFs rather than direct spot crypto exposure.

Research driven approach

Combines fundamental views with quantitative insights to identify leading companies across the digital ecosystem.

Regulated fund structure

Liechtenstein FMA approved and designed for qualified and professional investors.

Portfolio Allocations

The fund maintains a diversified exposure across key digital innovation themes to optimize risk-adjusted returns.

High conviction
equities
Digital asset treasury companies
Tactical & Relative value
01. High conviction equities

Listed companies with strong fundamentals and long-term exposure to financial technology, data infrastructure, and agentic AI integration with digital markets.

02. Crypto ETFs and digital treasury companies 

Listed exposures that provide efficient access to digital asset adoption, market infrastructure, and treasury-driven participation in the asset class.

03. Tactical & Relative value

Actively managed positions seeking to capture valuation dislocations, market inefficiencies, and asymmetric opportunities across the digital ecosystem.

Manage hype risk

We understand this industry rotates through hype cycles, it is thus important to build objective guard rails and avoid hype traps

Take a long-term view 

Our selection criteria will actively seek to construct the portfolio such that we maximize risk-adjusted returns over the medium- to long-term. We consciously filter out short-term noise from long-term trends

Quality & Value matter

When selecting equities or exploring tactical RV opportunities, we emphasize valuations & quality factors

Portfolio framework

Investment Team

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Friedrich Herzog

Chief Investment Officer

Felipe Giesbrecht

Friedrich has over a decade of experience in quantitative trading and research across capital markets and digital assets. Prior to Matrixport, he held roles at Goldman Sachs, OMERS Capital, and UBS. He holds a Master’s in Finance from Princeton University and a Bachelor’s in Banking and Finance from the University of Zurich.

Portfolio Manager

Felipe is a crypto and blockchain analyst with experience in digital asset investment products. Before joining Matrixport, he worked at Crypto Finance AG, where he supported the launch of Switzerland’s first FINMA regulated crypto fund. He holds a degree in Economics from the University of Zurich.

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Acknowledgements

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