Tok-Edge, the first regulated crypto hedge fund, has launched the Redemption Token, a new crypto asset category designed to tokenize hedge fund shares. This innovation allows shares to be traded and redeemed on blockchain networks, maintaining liquidity and transparency through a mint-and-burn mechanism. The Redemption Token aims to integrate institutional-grade fund practices with blockchain technology while ensuring regulatory compliance. The company, recently valued at $15 million, emerged from stealth mode after raising $1.5 million from Marcus Meijer, a seasoned GP investor. Meijer and other investors are expected to anchor the fund with up to $10 million as Tok-Edge seeks additional institutional funding. The fund's initial raise is capped at $21 million, with plans for a $100 million first close later in 2026. Investors receive one Redemption Token per dollar invested, facilitating secondary market trading and price discovery.