Arc Invest is a firm that focuses on investing in emerging technologies, including cryptocurrencies, blockchain, robotics, and artificial intelligence.
It also manages the portfolio of hedge funds.
Its portfolio includes $50 billion of assets.
Arc Invest recently added a bitcoin and cryptocurrency trading option, as well as a new ETF called ARX.
The new ETF, called ARK, is currently trading at around $8.35.
(Read: How to invest in bitcoin and other cryptocurrencies.)
While the firm has an excellent track record for being a cryptocurrency hedge fund, it has been struggling to make money.
In its most recent quarter, Arc Invest reported losses of $9 million.
Arc’s founder, Adam Sacks, said the fund’s biggest challenges come from its inability to invest directly in the assets it has bought.
“We are trying to buy the companies directly,” Sacks said in an interview with CNBC in August.
“The biggest challenge is in the hedge fund business.
There are very few hedge funds that can buy and hold a company.
It’s a tough business.”
While it has managed to successfully manage a large amount of assets, Sacks admits that the firm is a bit limited in what it can invest.
“There are not a lot of funds that we have,” he said.
“If we had invested all our money, it would have been $80 billion, but it would be like a hundred-billion-dollar portfolio.”
It is worth noting that Sacks is currently involved in an ICO that aims to raise $1.5 billion.
That will be enough to fund a new fund.
The investment strategy for Arc Invest has also faced a few setbacks.
Last year, it invested in an ethereum-based digital currency called DAO, which is currently worth more than $1 billion.
A year later, it was involved in a massive cyberattack on its website.
In addition, the fund has been plagued with high expenses, according to Sacks.
The firm spent over $150 million on its fund management.
It was only able to manage around $1 million of the funds that were sold.
Arc Capital, the firm’s current investment arm, spent $400 million on the firm in 2017.
It is unclear how many of the company’s funds were sold and how much of the total assets were transferred.