MHC Digital Group

Mark Carnegie, the firm's founder, leads the investment function. Carnegie is a known figure in Australian finance, and the firm's website describes its leadership as combining deep capital-markets expertise with blockchain infrastructure experience. Day-to-day responsibilities across the liquid and venture strategies have not been publicly detailed by the firm beyond Carnegie's role.

MHC does not publicly detail a proprietary sourcing model. Its venture strategy invests in early-stage blockchain startups, and deal flow likely originates from the team's networks in Australian and Asian crypto markets as well as relationships with partners such as Anchorage Digital and FalconX. The advisory business may also surface opportunities through its work with crypto firms and corporates.

MHC Digital Group is a licensed asset manager, not a family office. It manages external capital through regulated liquid and venture strategies alongside an advisory practice and an OTC trading desk. Its structure — holding multiple financial-services licences — places it closer to an institutional digital-asset platform than to a pure venture capital firm.

MHC's venture strategy is described as investing in early-stage ventures, which implies direct equity positions. The liquid strategy is delivered through actively managed funds and OTC trading. The firm does not publicly market a fund-of-funds programme or indicate a practice of committing to external crypto venture funds.

MHC targets early-stage blockchain and crypto startups in its venture strategy. The Altss research record classifies the firm's approach as early stage and start-up. Its liquid strategy covers spot crypto, derivatives, and stablecoin-related instruments across global venues, without an explicit venture-stage equivalent.

MHC's public materials do not list explicit sector exclusions. The firm's mandate is concentrated on digital assets, blockchain infrastructure, and the crypto economy, which suggests it does not invest outside that domain. No negative screens related to industries such as fossil fuels, defence, or extractive industries have been disclosed.

MHC operates under an Australian Financial Services Licence (AFSL), a Digital Currency Exchange (DCE) licence, and a National Consumer Protection (NCP) licence. The firm states it is fully compliant with ASIC and AUSTRAC regulations. Custody is provided by Anchorage Digital, a US-chartered trust company, which adds a layer of regulatory oversight on asset protection.