Ecosystem Fund Announcing the Ecosystem Fund In our last article, we announced our focus on launching long-tail asset perps, and the ecosystem fund that supports them. This time we're laying out the details of that fund. The Ecosystem Fund starts in the multi-million dollar range. Until now, the fund existed almost entirely to buy back HANA. We're pointing those resources at launching long-tail asset perps instead. The multi-million dollar is a starting point, not a ceiling. If the first markets work, the fund grows. Alongside that, the team is being redirected into the ecosystem growth allocation. This ties HANA and the Ecosystem Fund together, so that each one feeds the other. For background, see our earlier article on the buyback program: Where we're looking next These are the asset categories we're working on. We're still searching for the ones nobody has thought of yet. Compute: GPU rental rates, electricity prices, datacenter capacity Niche physical commodities: freight rates, agricultural goods, recycled metals Collectibles: trading cards, watches, wine IP Illiquid regional equity markets and emerging market indices If you hold, or have access to, an asset that existing markets don't price properly, we want to hear from you.