Crypto Investor Deus X Capital to Formally Unwind…
By Abdelaziz Fathi
AI summary of the source article
Deus X Capital, a family office-backed cryptocurrency and fintech investment firm that launched with $1 billion in assets and deployable capital, has ceased operations and plans to formally unwind on January 31, 2027. The closure occurs as principal investors from the Morton family divide operations into two separate vehicles: Darius, focused on artificial intelligence, and 95, concentrating on financial markets and fintech. Former CEO Tim Grant will lead AI infrastructure firm TensorX, while Chief Investment Officer Stuart Connolly oversees the transition. Several portfolio companies, including Cor Prime and Deus X Markets, are expected to continue operations, though terms governing the transfer of holdings remain undisclosed.
Why it matters
The unwind highlights shifting investor focus from digital assets toward AI infrastructure, while creating operational and financing uncertainty for Deus X's interconnected fintech and crypto portfolio companies.
Key facts
- Deus X Capital ceased operations and plans to formally wind down on January 31, 2027.
- The Morton family is dividing operations into two entities: Darius (focused on AI) and 95 (focused on financial markets and fintech).
- Former CEO Tim Grant is moving to lead AI infrastructure company TensorX, which raised $10 million in seed funding.