London-based digital asset hedge fund manager Nickel Digital Asset Management has published research that finds that institutional investors are increasingly recognising the importance of digital assets in diversified investment portfolios.
21.co today announced the launch of 21.co Wrapped Tokens, writing that the company’s first wrapped tokens feature a mix of underlyings from the top crypto assets by market capitalisation, across multiple blockchain networks.
The provision of custody services for cryptoassets has recently been under heightened scrutiny following high-profile insolvencies of certain crypto service providers, Clifford Chance reports. They find that insolvency proceedings have demonstrated that determining what type of claim clients of custodian wallet providers have in respect of their cryptoassets is crucial.
Laser Digital, Nomura’s digital asset subsidiary, has published the results of an independent global survey of hedge funds, representing over USD1 trillion in assets, and their attitudes to investing in digital and crypto asset markets.
Avantgarde Finance Group is partnering with Agio Digital, a digital assets and fund services platform, to offer institutional-grade on-chain crypto products. The firm writes that, using the platform, it is now possible to set up fully regulated and compliant on-chain funds in a matter of weeks, aiming to reduce total expense ratios by more than 80 per cent.
The Luxembourg House of Financial Technology (LHoFT), together with PwC Luxembourg and with the active support of the Association of the Luxembourg Fund Industry (ALFI), have jointly announced the publication of the second edition of the Crypto-Assets Management Survey, entitled “Crypto-Assets in Luxembourg: Persistence Amidst Headwinds”.
Syz Group has partnered with CMCC Global to launch SyzCrest Digital Uncorrelated – a fund of crypto hedge funds. SyzCrest writes that it brings together some of the most renowned experts in the traditional hedge fund world and the crypto and digital asset ecosystem. The strategy will be available to investors from July 1st.
Digital prime brokerage, GCEX, has been granted permission from the Danish Financial Supervisory Authority (FSA) to operate as an investment firm.
The digital asset and fintech investment business, Fineqia, has announced plans to start a new venture capital fund that will invest in innovative companies in the digital asset industry.
Digital prime brokerage GCEX (GCEX Group) has announced an extension of its partnership with Komainu, a regulated digital asset custodian, founded as a joint venture between investment bank Nomura, hardware technology company Ledger, and digital asset investment manager CoinShares. This partnership enables GCEX to offer staking services to its institutional and professional clients.
