Former Jefferies trader launches $70 million crypto hedge fund, Third Eye

st that former Jefferies trader Tian Zeng has founded Third Eye, a $70 million crypto hedge fund, according to the Blockchain Council. The fund will officially launch on August 1, 2025. Third Eye invests not only in cryptocurrencies but also in crypto-related stocks, employing a diversified long-short strategy to achieve stable returns in volatile markets.