# Crypto Fund Formation

Operate With Confidence

You have an investment strategy and people who want to invest. Work out the fund, manager, investor rights and operating arrangements before choosing a vehicle.

At a glance

## Is this the right service?

Sponsors, managers and investment teams planning a crypto or Web3 fund.

What it can cover

- Structure comparison
- Investor terms
- Operating arrangements

[Get Expert Advice](https://ape.law/#contact)

[Check if this fits](https://ape.law/services/crypto-fund-formation#service-fit)

01 · Check the fit

## When this service fits

### You are raising for a strategy

You need to decide how investor money will be pooled, managed and documented.

### You are unsure whether you need a fund

A few investors and a company do not answer the structure question on their own.

### Your assets and investor terms differ

Liquid tokens, venture holdings, redemptions and lockups need to be considered together.

02 · What we can help with

## What the work covers

### Structure comparison

Compare the vehicle and manager options against the investment strategy and investor base.

### Investor terms

Review subscriptions, liquidity, fees, disclosures and the documents recording investor rights.

### Operating arrangements

Map custody, administration, valuation, banking and governance responsibilities before launch.

03 · How to get started

## What to bring

Start with what you have. These details help frame the first discussion.

Send the basics

- The investment strategy and proposed assets
- Target investors, fundraising plan and draft terms
- Manager, custody and service-provider plans

Then define the scope

### Focus the first conversation on the decision you need to make.

The structure review is not investment advice or a promise of fundraising, licensing or service-provider acceptance.

[Get Expert Advice](https://ape.law/#contact)

04 · See related matters

## How Ape Law approached similar questions

These published matters show the decision process. Another project's facts, rules and outcome may differ.

![Video thumbnail for This Founder Thought They Needed a Fund](https://ape.law/assets/legacy-pages/001a20e6cd4c85303dc7f50ad5f6af43864d0f63d1fbe921bdc9a8f13bae7951.png)

Structuring

### [Thought three investors meant they needed a fund.](https://ape.law/case-studies/founder-thought-he-needed-a-fund)

Assumed the raise required a fund

Watch or read the case study

05 · Common questions

## Common questions

Do three investors automatically mean I need a fund?

The number alone does not answer the question. The review examines the arrangement, decision-making, investor rights and proposed activity.

How is this different from tokenized fund structuring?

This service starts with the fund and manager. The tokenized-fund service also examines how a token represents and transfers investor rights.

Can you compare UAE and offshore options?

The scope can compare relevant options around the manager, investors and strategy, with local or specialist advice identified where needed.

## What are you asking investors to invest in?

Describe the strategy, who will make decisions and what investors should receive.

[Get Expert Advice](https://ape.law/#contact)

Canonical page: https://ape.law/services/crypto-fund-formation