币界网报道：A crypto investment fund backed by Tether co-founder Brock Pierce is targeting $1 billion in assets under management with a diversified strategy spanning early-stage Web3 projects, digital asset trading, and yield-generating opportunities. The fund, operating under Pierce's venture capital firm Helix, plans to allocate capital across three core areas: venture investments in emerging blockchain startups, algorithmic trading strategies, and staking/lending protocols. Pierce emphasized the importance of diversification in the volatile crypto market, stating the fund aims to balance high-risk, high-reward bets with more stable income streams. The initiative comes as institutional interest in crypto grows, with Pierce noting increasing demand from family offices and high-net-worth individuals seeking exposure to digital assets. The fund has already begun deploying capital, with initial investments focused on infrastructure projects and decentralized finance protocols. Pierce's involvement brings credibility given his track record in founding major crypto projects like Tether and Blockchain Capital. The fundraising target reflects growing confidence in crypto's long-term potential despite recent market turbulence.