Exclusive: Merkle Tree Capital has expanded its institutional digital asset offering with the transition of MHC Digital Asset Fund investors into a new unit class and appointed a new portfolio manager.

The new unit class will sit within Merkle’s flagship Digital Asset Fund (DAF), bringing together two established investment track records under one manager.

The move combines MHC’s digital asset investment experience, led by newly appointed portfolio manager Andrew Palmer who joins from MHC Digital Finance.

Palmer joins chief investment officer Ryan McMillin in managing the DAF, strengthening MTC’s portfolio construction and management capabilities while providing former MHC investors with continued access to a…