Digital asset investment manager 3iQ Corp has announced it has entered a strategic partnership with Swiss based and FINMA licenced digital asset investment manager Criptonite Asset Management, best known for its range of digital asset Actively Managed Certificates (AMCs).
The firm writes that the partnership will see 3iQ and Criptonite work together to deliver regulated and institutional grade digital asset fund products to the Swiss and European markets.
This strategic partnership comes at a time when an ever-increasing amount of institutional capital is flowing into the digital asset space, from pension funds to wealth managers, the firm says. “It is a combination that brings together two regulated and highly respected investment managers. Both 3iQ and Criptonite are delivering a combination of passive and active funds via their respective platforms, which this partnership will greatly enhance to deliver robust and well risk managed products.”
Pascal St-Jean, President & CEO at 3iQ, says: “Our strongly held conviction that sophisticated investors want compliant and risk managed, institutionally robust digital asset solutions, is finally coming to fruition. This strategic partnership brings together two award winning innovators committed to realising this vision. With 3iQ’s expertise in delivering best-in-class regulated investment solutions and Criptonite’s established platform of digital asset AMCs in Switzerland, we will be able to open this new asset class to institutions and accredited investors in both Switzerland and abroad.”
Florian Rais, Founder and CEO of Criptonite AM says: “I am very excited about this partnership which will enable Criptonite AM, an established FINMA licenced digital asset investment manager, to be at the forefront in providing investors access to innovative, well-regulated and risk-managed digital asset AMC and other investment solutions.
“We started Criptonite with the certitude that digital assets will follow the same path to institutionalisation through investable products, as all other asset classes did before it. By partnering with 3iQ we expand our offer of solid platforms to welcome talented hedge fund managers.
“Now that the Swiss market demand for institutional quality digital asset solutions is maturing, we look forward to collaborating with banks, institutions and sophisticated investors to assist them in getting the exposure they desire.”
