Tok-Edge - The Crypto Hedge Fund with a Token

Tok-Edge - The Crypto Hedge Fund with a Token

From The Crypto Conversation by Brave New Coin

April 14, 2026 · 26 min

About this episode

Raees Chowdhury discusses the innovative structure of Tok-Edge, a regulated DeFi hedge fund, and the implications of the current market conditions for crypto investments.

Raees Chowdhury is the co-founder and chief investment officer of Tok-Edge, a London-based regulated DeFi hedge fund built around a novel cryptoasset structure called the Redemption Token. With a career spanning senior roles at BCG and Bain Capital, a managing partner position at Revolt Ventures — a fund sitting beneath a $10 billion AUM vehicle — and deep roots in on-chain markets dating back to the ICO era of 2016–17, Raees brings rare dual fluency in institutional finance and DeFi to one of crypto's most ambitious new fund structures. Why you should listen Tok-Edge emerged from stealth on the day of this recording, and the timing is deliberate. Raees argues that the current drawdown — with Bitcoin sitting roughly 50% off all-time highs and many altcoins down 90% or more — is precisely the moment to be allocating capital to DeFi. The fund is built on a contrarian but rigorous thesis: that crypto is a genuinely new liquid asset class, that existing token models are structurally flawed, and that the teams best positioned to capture the next cycle are those who can hold TradFi infrastructure and DeFi-native thinking in the same hand. The centrepiece of what Tok-Edge is building is…

People in this episode

Guest: Raees Chowdhury

Topics covered

  • DeFi
  • crypto hedge fund
  • Redemption Token
  • institutional finance
  • liquid asset class

Keywords

  • Tok-Edge
  • Redemption Token
  • DeFi hedge fund
  • cryptoasset
  • institutional finance

Mentioned in this episode

Organizations: Tok-Edge, BCG, Bain Capital, Revolt Ventures

Places: London

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