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By Nikki Cabus

Borderless Capital Expands Global Presence by Acquiring Asset Manager CTF Capital in Miami and LatAm

Read Time 3 Minutes

Borderless Capital, a pioneering Web3 investment management firm, has announced the acquisition of CTF Capital, a leading Miami and Latam based quantitative trading and asset management company for an undisclosed amount.

This acquisition marks a strategic move for Borderless Capital, enriching its investment suite with AI-driven strategies and advanced quant trading methodologies, while also marking its expansion into the burgeoning LatAm market where Borderless Capital already has significant exposure through its portfolio companies and investors.

Borderless Capital is a leading investment management firm focused on Web3 technology, dedicated to supporting the next generation of innovators who are driving the development of groundbreaking technologies that will enable the creation of value without borders. Borderless comprises a team of builders, partners, and investors who adopt a long-term perspective and strive to unleash the full potential of open, community-driven networks. Since 2018, Borderless has invested in 200+ protocols / companies across infrastructure, business applications, and nascent cryptographic protocols, and has played an integral role in the development of some of the most significant and innovative Web3 communities.

With this acquisition, all the existing Funds managed by CTF capital are merged with Borderless Capital Multi-Strategy Fund V LP, an open-ended hedge fund focusing to create risk-adjusted maximum returns for investors in both liquid digital assets and soon to be liquid digital assets, that was launched earlier last year with $100m under management.

“We are extremely excited to join forces with the CTF team and bring new skills, new expertise, new investors and new team members to the Borderless Capital, positioning our firm for the next phase of growth, in a time of when institution and large organization are driving the market adoption and validating this asset class,” said David Garcia, Co-Founder and Managing Partner at Borderless Capital.

“The CTF Capital team competences are very synergic and complementary to Borderless Capital and will allow us to provide a better service to our investors base and group of portfolio companies,”

CTF Capital is a quantitative crypto asset investment manager focused on exploiting investment opportunities through digital assets. We design, develop and implement investment products leveraging blockchain technologies to gain exposure to crypto assets in a decentralized and open infrastructure. With a team of experts and deep knowledge in investing & trading in traditional and crypto markets, technology ventures, business development, software development and cybersecurity.

In addition, Borderless Capital manages a family of five Venture Funds (focused on key categories such as DePIN, Ecosystem Funds and Cross-Chain interoperability), combining more than half a billion dollars in assets. The existing eleven people team of CTF Capital including two partners are now part of the Borderless Capital team and its affiliate group of companies. Borderless Capital solidifies its position at the forefront of this evolving space, driving value creation, technological advancement and performant capital allocation in the digital asset space.

CTF Capital is headquartered in Miami with Technology and Operations teams based in Latin America. As a quantitative crypto asset investment manager building cutting-edge trading models and capabilities in automated market making (AMM), MEV strategies, and a proprietary AI & ML Strategy Engine, the firm brings key assets and strengths under Borderless’s umbrella.

Brian Prilick, former CEO of CTF Capital, now Partner at Borderless Capital said, “We are very excited and proud to be partnering up with Borderless Capital. This will give us the possibility to join forces and leverage our strengths as a group. The integration between CTF Capital and Borderless Capital will help us scale the business in terms of volume and product development, ultimately translating into better returns, investment allocation and risk management.”

Looking ahead, Borderless Capital is extending its global reach, with plans to open a new office in Argentina in early Q2 and as its HQ for the LatAm markets expansion, tapping into the region’s rapidly growing Web3 market. The firm is also developing new offerings to enrich its investor and founder services.

To learn more about Borderless Capital, visit www.borderlesscapital.io

By Nikki Cabus

Delta Air Lines and LATAM join forces for inaugural job shadowing project empowering youth for success

Read Time 5 Minutes

Delta Air Lines and LATAM Airlines Group united to extend thier inaugural Job Shadow Day at Miami International Airport.

Twenty-five students from the New World School of the Arts located in downtown Miami were given the opportunity to walk through a “day in the life” through a transformative experience including simulated real-world exercises where volunteers introduced them to career opportunities in aviation.

Through the Joint Venture between Delta and LATAM group, the global airlines seamlessly collaborate both in the skies and on the ground, inspiring the next generation of talented individuals who will shape the future. Delta and LATAM reinforce a shared vision for a brighter and more interconnected future, where the collective efforts of these influential airlines contribute to positive and lasting impacts on a global scale.

Since implementing their transformative partnership in 2022, the award-winning airlines have made travel between North and South America easier and more enjoyable than ever by expanding their route networks, optimizing their flight schedules and airport operations, and offering travelers improved access to 300 destinations on the two continents. This is why Delta and LATAM – like travelers, their loved ones, friends and destinations – complement each other and are “Meant to be Together,” as their new campaign suggests.

“Delta strives to make an impact by building intentional, purposeful partnerships in our communities that help address the hopes and needs of real people and spark meaningful change in the world,” said Luciano Macagno, Delta Managing Director for Latin American, the Caribbean and South Florida.

Educational endeavors such as the Job Shadopw Day play a crucial role in empowering young minds to visualize and pursue fulfilling career trajectories. This initiative not only granted the students invaluable firsthand experience but also provided them with the chance to glean insights from seasoned aviation professionals at Delta and LATAM. The event offered a distinctive behind-the-scenes glimpse into the intricate workings and operations of Miami International Airport, fostering a deepened understanding and connection to the dynamic world of the aviation industry.

Miami International Airport is America’s busiest airport for international freight and the second busiest for international passengers. MIA offers more flights to Latin America and the Caribbean than any other U.S. airport and is also the leading economic engine for Miami-Dade County and the state of Florida with an expansive workforce community of more than 37,000 employees. The airport generates business revenue of $31.9 billion and approximately 60 percent of all international visitors to Florida annually.

“At LATAM Airlines Group we thank our partner Delta for the invitation to participate in this Job Shadow experience,” said Gonzalo Ramírez, North America & Caribbean Airports Senior Manager LATAM Group.

“We are constantly looking to connect with the communities where we operate, so we are excited to connect with young people who will be the future professionals of the industry. At the same time, as the leading airline group in South America, we want them to know that the prospects for development in the sector are international, which adds to the attractiveness of pursuing a career in this field.”

Delta Air Lines and LATAM Airlines Group partnered with Junior Achievemt of Greater Miami on this initiaitive. Each day, JA MIami works to help young people discover what’s possible in their lives. The nonprofit does this by helping them connect what they learn in school with life outside the classroom. JA Miami strives to let students know it’s possible to invest in their future, to gain a better understanding of how the world works, and to pursue their dreams.

JA Miami is dedicated to giving young people in Miami-Dade and Monroe counties the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers and educators, and offer relevant, hands-on experiences that provide 40,000 students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship.

“We are thrilled to partner with Delta and LATAM to provide students with this unique JA Job Shadow experience,” said Mariana Furchi Sly, Executive Vice President, Junior Achievement of Greater Miami. “Many of these students have never been to the airport and aren’t aware that so many job opportunities exist. This program helps show them possibilities for their futures.”

In addition to supporting the JA Job Shadow program, Delta sponsored 80 high school students’ participation in the JA Stock Market Challenge in October 2023, and facilitated travel for a team of high school students from Coral Gables Senior High to attend a national competition last summer in Washington, D.C. As part of Delta’s work to fuel a diverse aviation talent pipeline and build an organization that is reflective of the communities where we live, work and serve, Delta prioritizes partnerships that enable young aviators and students to envision their own future in the industry.

“It was truly inspiring to witness the curiosity and enthusiasm of the students as they delved into the details of the aviation industry and explored the diverse array of roles within our organizations. From witnessing ground operations in action to gaining insights into the complexities of flying, the students embarked on a fascinating journey of discovery,” shared Ignacio Borbollo, Delta Head of Sales, Market Development & Community Partnerships – Regional Manager, South Florida

“As a proud member of the JA Young Professional board, I was thrilled to play a part in providing these young minds with a firsthand glimpse into the dynamic world of travel and aviation. It’s moments like these that ignite passion and spark ambition in the next generation of leaders.”

In addition to this project, Delta has connected with students around the world through its many partnerships and programs – such as Delta Business Class, Delta’s Propel Academy, Delta’s WING Flight, HBCU engagement, the Aviation Maintenance Airframe Certificate Program and more.

To learn more about Delta’s Student & Earl Careers Programs, visit www.delta.com/us/en/careers/students-and-early-careers

Borderless Capital Expands Global Presence by Acquiring Asset Manager CTF Capital in Miami and LatAm
Delta Air Lines and LATAM join forces for inaugural job shadowing project empowering youth for success