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The Destiny Tech100 fund has soared as much as 818% since its debut two weeks ago.
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The closed-end fund offers investors access to companies that have yet to go public.
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Some of the top holdings in the fund include SpaceX, Epic Games, and OpenAI.
A new closed-end fund that offers investors access to private companies has soared over the past two weeks.
The Destiny Tech100 fund has seen its price soar as much as 818% since its listing on the New York Stock Exchange took place on March 26, giving it a market value of $825 million. The fund spiked 126% at intraday highs on Friday, hitting $75.79. It originally opened for trading at $8.25 in late March.
The fund, which trades under the ticker symbol “DXYZ,” seeks to invest in private high-growth tech companies that most investors don’t have…
