WHY OWN ONE CRYPTO FUND, WHEN YOU CAN OWN A DIVERSE MIX OF THE SMART STRATEGIES IN THE SPACE?
"We are very excited to bring this fund-of-funds to market, and could not have imagined a better group to do it with than CoinShares"
CoinShares Announces a New Fund-of-Funds Built To Invest Across A Variety of Strategies in Blockchain
LONDON, ENGLAND, FEBRUARY 22, 2018 — CoinShares, pioneers in crypto investment products, is welcoming another first-of-its-kind fund to its growing investment platform: The Blockchain Strategies Fund, a Luxembourg domiciled, Blockchain focused fund-of-funds that offers exposure to a broad array of components which comprise the crypto and larger blockchain economy.
Similar to other products from the CoinShares group, this Blockchain fund-of-funds is a first for the crypto ecosystem. However, it carries a wider mandate than previous CoinShares investment vehicles. Specifically, the fund will invest in other strategies ranging from those focused on crypto-currency trading, mining, and lending to ICOs, Indexes and Delta One Securities/equities.
The fund strategy is designed to deliver diversified exposure to this emerging ecosystem and seeks to provide a better risk/reward profile and lower volatility than other, more single purpose funds.
“If you wanted to invest in the internet through a diverse mix of strategies focused on everything from servers, fiber-optics and silicon to search engines, social network start-ups and e-commerce infrastructure – this would be that fund; but for the crypto-economy. We are very excited about bringing this fund and Block Asset Management’s expertise to our investor base; both the strategy and team will be a great complement to CoinShares’ growing platform of strategies,” says Ryan Radloff, CEO CoinShares (UK).
The Block Asset team shares a combined 100+ years of professional finance experience with alumnus from Credit Suisse, Societe General, Citibank, UBS, Barclays & Lloyds. The team brings a diverse mix of trading backgrounds equipping them to be one of the most seasoned managers in the crypto-finance market.
“As a group, Block Asset Management and CoinShares have a shared philosophy of acting as portfolio risk managers first and foremost – so when the opportunity to work together came up, it was an obvious fit. We are very excited to bring this fund-of-funds to market, and could not have imagined a better group to do it with than CoinShares, a leader in Crypto Finance,” says Manuel E De Luque Muntaner, CEO of Block Asset Management.
This announcement comes less than a month after CoinShares announced two new crypto asset focused funds, follow-ups to its initial ERC-20, CoinShares Fund 1 which focuses on ICOs.
For more information on the new funds or other CoinShares related inquiries, please email info@coinshares.co.uk.
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CoinShares Group is the European leader in crypto-finance with over $1 billion in crypto-assets across a suite of exchange traded and private investment products. The group of companies serves a global investor base seeking to invest in the emerging crypto asset market(s) with a family of products which offer exposure to bitcoin and other emerging digital currencies/assets. The CoinShares’ product line-up comprises a group of offerings which all represent first of their kind products: Bitcoin Tracker One (and Bitcoin Tracker Euro) and Ether Tracker One (and Ether Tracker Euro) the first exchange traded bitcoin and ether products, globally; and CoinShares Fund 1 – the first fund denominated in cryptocurrency (ETH). CoinShares is backed by a team with deep experience in Exchange Traded Products, Hedge Funds, Commodities, FX, Market Making and both active and passive investment in frontier markets.
CoinShares (UK) Limited is an appointed representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority (FRN: 550103). This document has been prepared and issued by CoinShares (UK) Limited and is being provided for information purposes only. It is not intended as an offer or solicitation to enter into any proposed transaction or investment.
Investors’ capital is at risk, and investors should only invest if they are able to afford the loss of all capital invested. There is no guarantee that the investment objectives will be achieved and past performance should not be construed as an indicator of future performance.
Crypto-currencies can be extremely volatile and subject to rapid fluctuations in price, positively or negatively. Investment in one or more crypto-currencies may not be suitable for even a relatively experienced and affluent investor. Each potential investor must make their own informed decision in connection with any such investment (after having sought independent financial advice thereon).
Press release distributed by Pressat on behalf of , on Thursday 22 February, 2018. For more information subscribe and follow https://pressat.co.uk/
Blockchain Bitcoin Fund Fund Of Fund Cryptocurrency Cryptofund Hedgefunds Crypto Asset Coinshares Daniel Masters Business & Finance Crypto Currency
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WHY OWN ONE CRYPTO FUND, WHEN YOU CAN OWN A DIVERSE MIX OF THE SMART STRATEGIES IN THE SPACE?
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