Hyla Fund Management

Hyla Fund Management

Founded in 2017 and based in Oakland, California, Hyla Fund Management operates as a dedicated fund-of-funds manager focused exclusively on digital-asset and blockchain-technology hedge funds. The firm was originally known as ChainLink Capital Management, a name reflecting the blockchain-native infrastructure ethos that still defines its investment lens. Hyla constructs multi-manager portfolios that span a variety of crypto hedge fund strategies, aiming to deliver diversified exposure while managing the extreme volatility, custody complexity, and operational risk inherent to the asset class. The firm's strategy centers on allocating to professional digital-asset investment managers globally, covering liquid token strategies, relative-value and arbitrage funds, and early-stage liquid venture approaches. Hyla's signature vehicle, the Hyla Liquid Venture Fund, targets a curated basket of managers that invest in both liquid tokens and early-stage blockchain projects with near-term liquidity potential, effectively bridging venture and hedge fund mandates. The Amphibian Fund extends the firm's multi-strategy fund-of-funds framework, designed to navigate crypto's rapid sector rotations across Layer-1 protocols, decentralized finance, and infrastructure plays. The firm engages with blockchain technologists and quantitative managers primarily in North America, Europe, and Asia. The firm has operated as a lean specialist since inception, prioritizing manager selection and operational due diligence over scale. The team's headcount remains undisclosed; its Oakland headquarters signals a proximity to Bay Area crypto-talent networks without the Manhattan or Miami fund-administration density that many larger allocators gravitate toward. Hyla has not publicly disclosed a philanthropic vehicle, a co-investment club, or a separate managed-account platform. Limited public information restricts visibility into total deployment and recent operational milestones. Hyla's structural differentiator is staying small and principal-led in a segment where scaling beyond a few hundred million historically forces fund-of-funds into index-like diversification, erasing the alpha from manager selection. The firm's original name and its location outside traditional finance hubs reinforce a founding thesis that crypto-native strategies require crypto-native due diligence — a bet that specialist FOFs remain relevant even as allocators gain direct access to underlying managers.