Arthur Hayes seeks $250 million to buy infrastructure companies
Arthur Hayes’s family office, Maelstrom, is preparing its first buyout fund and aims to raise at least $250 million.
Akshat Vaidya, Maelstrom’s co-founder, says deal sizes will range from $40 million to $75 million, targeting up to six companies. Priority will go to trading‑tech vendors, analytics platforms, and other essential digital service providers that the industry relies on daily.
Hayes believes now is the right time to acquire reliable service providers – the hidden backbone of the crypto market.
After the shocks of 2022, many private investors stepped away from digital assets, valuations for smaller businesses softened, and mid‑sized companies began looking for patient capital and operational support. Maelstrom wants to step in: buy understandable, cash‑generating businesses and help them scale.
For Hayes and his team, it’s also a move toward tighter control over the portfolio. Instead of scattered bets, they plan to assemble a set of core infrastructure assets where they can influence product, processes, and revenue. The goal is to earn through operating improvements and portfolio fit rather than relying on market swings. Separately, Arthur Hayes has remained active around governance and market structure topics.
Details of the raise and the initial transactions will be disclosed as the initiative progresses. The focus is on essential crypto services, where steady returns and disciplined execution matter more than hype.
