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Discord Traders Launch $5 Million Hedge Fund, Proving Wall Street Doesn't Own The Game Anymore

MarketDash Editorial Team
22 hours ago
Two retail traders who met in a Discord chat room have turned their online collaboration into Enders Capital, a $5 million investment fund that's challenging the traditional hedge fund model with automated strategies and a belief that the next generation of finance won't come from Wall Street.

Here's a story about how a couple of traders chatting online decided to start their own hedge fund—and actually pulled it off.

Meet Enders Capital, an investment fund born from a Discord server that now manages $5 million in assets. The whole thing started when CEO Moody Nashawaty and COO Risley Mabile met in a Discord channel for retail traders back in 2022. Discord, if you're not familiar, has become something of a hub for retail trading communities over the past few years.

What makes this interesting isn't just that two internet friends decided to start a fund together. It's how they're running it. Enders Capital operates under the SEC's Rule 506(c) and employs a quantitative investment approach that leans heavily on data and automation. The goal is to reduce volatility and create more stable returns—basically trying to build hedge fund-level strategies without the Wall Street pedigree.

They're using a platform called Composer to make it all work. Composer lets retail traders design and automate sophisticated trading strategies that would've been impossible to execute without serious infrastructure just a few years ago. Technology is doing the heavy lifting that traditionally required teams of analysts and traders.

Nashawaty has a pretty clear vision of where this is all headed. "I think that the next generation of hedge funds won't be from Wall Street, and I think that's a good thing, since the talent is no longer centralized," he said.

He's not alone in that thinking. Benjamin Rollert, who co-founded and runs Composer, expects we'll see more funds like Enders Capital pop up as technology continues to lower the barriers to entry. What used to require millions in capital, expensive Bloomberg terminals, and proximity to Wall Street can now be done from anywhere with the right tools.

This matters because it represents a genuine shift in how finance works. The traditional model assumed that sophisticated investment strategies belonged to established firms with deep pockets and Wall Street addresses. Enders Capital suggests that assumption might be outdated. When two traders can meet in a chat room, build a compliant fund structure, and deploy quantitative strategies that manage millions of dollars, you're looking at a real democratization of finance.

The broader trend here is decentralization. As platforms become more powerful and accessible, the competitive advantages that traditional institutions enjoyed are eroding. Whether more funds like Enders Capital will succeed remains to be seen, but the fact that they can exist at all tells you something important about where the investment industry is heading.

Back to News

Discord Traders Launch $5 Million Hedge Fund, Proving Wall Street Doesn't Own The Game Anymore

MarketDash Editorial Team
22 hours ago
Two retail traders who met in a Discord chat room have turned their online collaboration into Enders Capital, a $5 million investment fund that's challenging the traditional hedge fund model with automated strategies and a belief that the next generation of finance won't come from Wall Street.

Here's a story about how a couple of traders chatting online decided to start their own hedge fund—and actually pulled it off.

Meet Enders Capital, an investment fund born from a Discord server that now manages $5 million in assets. The whole thing started when CEO Moody Nashawaty and COO Risley Mabile met in a Discord channel for retail traders back in 2022. Discord, if you're not familiar, has become something of a hub for retail trading communities over the past few years.

What makes this interesting isn't just that two internet friends decided to start a fund together. It's how they're running it. Enders Capital operates under the SEC's Rule 506(c) and employs a quantitative investment approach that leans heavily on data and automation. The goal is to reduce volatility and create more stable returns—basically trying to build hedge fund-level strategies without the Wall Street pedigree.

They're using a platform called Composer to make it all work. Composer lets retail traders design and automate sophisticated trading strategies that would've been impossible to execute without serious infrastructure just a few years ago. Technology is doing the heavy lifting that traditionally required teams of analysts and traders.

Nashawaty has a pretty clear vision of where this is all headed. "I think that the next generation of hedge funds won't be from Wall Street, and I think that's a good thing, since the talent is no longer centralized," he said.

He's not alone in that thinking. Benjamin Rollert, who co-founded and runs Composer, expects we'll see more funds like Enders Capital pop up as technology continues to lower the barriers to entry. What used to require millions in capital, expensive Bloomberg terminals, and proximity to Wall Street can now be done from anywhere with the right tools.

This matters because it represents a genuine shift in how finance works. The traditional model assumed that sophisticated investment strategies belonged to established firms with deep pockets and Wall Street addresses. Enders Capital suggests that assumption might be outdated. When two traders can meet in a chat room, build a compliant fund structure, and deploy quantitative strategies that manage millions of dollars, you're looking at a real democratization of finance.

The broader trend here is decentralization. As platforms become more powerful and accessible, the competitive advantages that traditional institutions enjoyed are eroding. Whether more funds like Enders Capital will succeed remains to be seen, but the fact that they can exist at all tells you something important about where the investment industry is heading.