Investment adviser · CRD 335199

WAVE DIGITAL ASSETS INTERNATIONAL LTD.

Exempt reporting adviser (ERA)

Exempt reporting advisers use a shorter Form ADV report. Some adviser-level figures are not reported; fund disclosures appear below when available.

MINATO CITY, Japan · Form ADV filed Mar 31, 2026

Adviser-level assets, account counts and staffing figures are unavailable in this filing. View the reported fund disclosures below →

Private funds & service providers

7 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

WAVE SMA 1010 LTD.Hedge Fund · Last reported Mar 31, 2026$107MGross asset value
Fund administrator STONEGATE GLOBAL FUND SERVICES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian AXOS FINANCIAL INC. SAN DIEGO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE, INC. SAN FRANCISCO, California, United States Related to adviser: No
Custodian COPPER TECHNOLOGIES (SWITZERLAND) AG ZUG, Switzerland Related to adviser: No
Custodian SILICON VALLEY BANK A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No
Prime broker APLO SAS PARIS, France
Provider details
Annual audit
No
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

AXOS FINANCIAL INC.
LEI 529900D8M56422GK9O25

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE, INC.
LEI 549300QHD76EP6ZKTT48

Fund details & source
Fund ID
805-1574345948
Reported beneficial owners
1
Minimum commitment
$100M

Form ADV 2074693 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVE SME 384 LTD.Hedge Fund · Last reported Mar 31, 2026$97.6MGross asset value
Fund administrator NAV CONSULTING, INC. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian AXOS FINANCIAL INC. SAN DIEGO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE, INC. SAN FRANCISCO, California, United States Related to adviser: No
Prime broker APLO SAS PARIS, France
Provider details
Annual audit
No
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

AXOS FINANCIAL INC.
LEI 529900D8M56422GK9O25

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE, INC.
LEI 549300QHD76EP6ZKTT48

Fund details & source
Fund ID
805-3043067514
Reported beneficial owners
1
Minimum commitment
$10M

Form ADV 2074693 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVE SME 323 LTD.Hedge Fund · Last reported Mar 31, 2026$19.7MGross asset value
Fund administrator NAV CONSULTING, INC. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian AXOS FINANCIAL INC. SAN DIEGO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE, INC. SAN FRANCISCO, California, United States Related to adviser: No
Custodian COPPER TECHNOLOGIES (SWITZERLAND) AG ZUG, Switzerland Related to adviser: No
Prime broker APLO SAS PARIS, France
Provider details
Annual audit
No
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

AXOS FINANCIAL INC.
LEI 529900D8M56422GK9O25

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE, INC.
LEI 549300QHD76EP6ZKTT48

Fund details & source
Fund ID
805-4857961100
Reported beneficial owners
1
Minimum commitment
$10M

Form ADV 2074693 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVE SME 845 LTD.Hedge Fund · Last reported Mar 31, 2026$6.79MGross asset value
Fund administrator NAV CONSULTING, INC. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BERKOWER LLC ISELIN, New Jersey, United States
Auditor HARNEYS FIDUCIARY BRITISH VIRGIN ISLANDS ROAD TOWN, British Virgin Islands
Custodian AXOS FINANCIAL INC. SAN DIEGO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE, INC. SAN FRANCISCO, California, United States Related to adviser: No
Prime broker APLO SAS PARIS, France
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BERKOWER LLC
PCAOB 217

AXOS FINANCIAL INC.
LEI 529900D8M56422GK9O25

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE, INC.
LEI 549300QHD76EP6ZKTT48

Fund details & source
Fund ID
805-3246412543
Reported beneficial owners
1
Minimum commitment
$10M

Form ADV 2074693 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVE SME 235 LTD.Hedge Fund · Last reported Mar 31, 2026$3.96MGross asset value
Fund administrator NAV CONSULTING, INC. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian AXOS FINANCIAL INC. SAN DIEGO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE, INC. SAN FRANCISCO, California, United States Related to adviser: No
Prime broker APLO SAS PARIS, France
Provider details
Annual audit
No
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

AXOS FINANCIAL INC.
LEI 529900D8M56422GK9O25

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE, INC.
LEI 549300QHD76EP6ZKTT48

Fund details & source
Fund ID
805-3434518660
Reported beneficial owners
1
Minimum commitment
$10M

Form ADV 2074693 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVE ZEN YIELD FUND (MASTER), LTD.Hedge Fund · Last reported Mar 31, 2026$1.45MGross asset value

Feeder funds

  • WAVE ZEN YIELD FUND (US FEEDER), LP
  • WAVE ZEN YIELD FUND (US FEEDER), LP
Fund administrator NAV CONSULTING, INC. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor HARNEYS FIDUCIARY BRITISH VIRGIN ISLANDS ROAD TOWN, British Virgin Islands
Custodian AXOS FINANCIAL INC. SAN DIEGO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE, INC. SAN FRANCISCO, California, United States Related to adviser: No
Prime broker APLO SAS PARIS, France
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

AXOS FINANCIAL INC.
LEI 529900D8M56422GK9O25

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE, INC.
LEI 549300QHD76EP6ZKTT48

Fund details & source
Fund ID
805-1278479026
Reported beneficial owners
1
Minimum commitment
$250K

Form ADV 2074693 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVE SMA 152 LTD.Hedge Fund · Last reported Mar 31, 2026$92.9KGross asset value
Fund administrator NAV CONSULTING, INC. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian AXOS FINANCIAL INC. SAN DIEGO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian COINBASE, INC. SAN FRANCISCO, California, United States Related to adviser: No
Custodian COPPER TECHNOLOGIES (SWITZERLAND) AG ZUG, Switzerland Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

AXOS FINANCIAL INC.
LEI 529900D8M56422GK9O25

BITGO TRUST COMPANY, INC.
LEI 254900QXDWGM1T0HGF47

COINBASE, INC.
LEI 549300QHD76EP6ZKTT48

Fund details & source
Fund ID
805-5997284198
Reported beneficial owners
1
Minimum commitment
$10M

Form ADV 2074693 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

DF BUILDING, 6TH FLOOR, 2-3-8 MINAMI-AOYAMA
MINATO CITY, 107-0062, Japan

CRD 335199

Filing source

Form ADV 2074693 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.