
Classification of digital assets poses challenges to regulators
Maryna Chernenko, Managing Director of UFG Capital, writes that a fully-fledged work of funds with crypto assets is only possible once the regulators agree on their classification.

Maryna Chernenko, Managing Director of UFG Capital, writes that a fully-fledged work of funds with crypto assets is only possible once the regulators agree on their classification.
Professional investors are increasingly confident on investment opportunities in the crypto and digital asset sector over the short and long term despite recent market weakness, according to new research by London-based Nickel Digital Asset Management (Nickel), Europe’s regulated and award-winning digital assets hedge fund founded by Bankers Trust, Goldman Sachs and JPMorgan alumni.

Kam Patel, CEO of Custodiex, writes the 2023 will be the year of custody.

In March last year, US investment bank Cowen became one of the first Wall Street firms to offer trade execution in digital assets for institutional investors with the launch of Cowen Digital. The firm outlines its strategy for growth after an eventful first year in the digital assets space, and its expectations for the emergence of a more robust institutional marketplace.

A resounding majority of institutional investors (74 per cent) plans to increase its use of DeFi in the next 11 months, according to a new survey by Avantgarde, a provider of asset management solutions.
Digital prime brokerage GCEX (GCEX Group) has announced that it has partnered with Komainu, a joint venture between Nomura, hardware technology company, Ledger, and digital asset investment manager, CoinShares.
HM Treasury has published a note saying that the government will set out ambitious plans to ‘robustly regulate cryptoasset activities – providing confidence and clarity to consumers and businesses alike’.
Theta Capital Management, the Amsterdam based specialist in hedge funds and crypto-native venture capital, has launched its third Theta Blockchain Ventures vehicle to invest in the core blockchain infrastructure at the earliest stages.

Some of the world’s largest and best-known institutional investors and asset managers have suffered their first major hit from the escalating crypto crisis as one-time industry poster-child Sam Bankman-Fried’s FTX crypto exchange filed for Chapter 11 bankruptcy protection after a stunningly swift collapse.

Dramane Meite, CFA, International Head of Product at crypto firm Hashdex, writes that portfolio managers have one core mission: find ways to generate returns that are repeatable and consistent with their investors’ risk appetites.