Tephra Digital Master Fund Ltd.

Tephra Digital Master Fund Ltd. is reported as a hedge fund in Form ADV private-fund disclosures. The adviser is Tephra Digital LLC, based in New York, New York, United States.

General hedge fund $100M to $500M $250K to $1M minimum

$117.7Mgross assets

$250Kminimum

119owners

3(c)(7)exemption

Disclosure fields

Fund facts

SEC private fund ID805-3717295396

Reference ID288406

JurisdictionCayman Islands

Fund of fundsNo

Master fundYes

Feeder fundNo

Non-US ownership3%

Assets valued0%

Annual auditYes

GAAPYes

Source periodMarch 2026

Date submitted03/31/2026

Adviser

Tephra Digital LLC

TypeExempt reporting adviser

SEC number802-124870

CRD319569

Regulatory AUM$117.7M

Compliance signals

Exempt from registration Sales limitation not marked Prime brokers reported Custodians reported

Service providers

Reported counterparties

General partners

Tephra Digital LLC

Auditors

KPMG CAYMAN

Prime brokers

JEFFERIES LLCCOINBASE, INC.

Custodians

GEMINI TRUST COMPANY, LLCJEFFERIES LLCCOINBASE CUSTODY TRUST COMPANY, LLC.FIDELITY DIGITAL ASSETS SERVICES, LLC

Administrators

FORMIDIUM

Marketers

JEFFERIES LLC