3iQ Corp. Announces Global Cryptoasset Fund to Invest in Multiple CryptoassetssteemCreated with Sketch.

in #cryptoassetfund6 years ago (edited)

3iQ Corp. is pleased to announce that it has agreed to terms and conditions with the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) to act as Canada's first Portfolio Manager (PM) and Investment Fund Manager (IFM) permitted to invest in multiple crypto assets.

Units of 3iQ's Global Cryptoasset Fund will be available to accredited investors, advisors and dealers via Fundserv, and to pension funds, institutions and family offices via private placement. The fund, structured as a Trust, will invest directly in bitcoin, ether and litecoin, three of the leading cryptoassets.

3iQ aims to launch and complete its first close within the next few weeks.

"We have worked diligently to provide a pure, low-cost, secure method for both accredited and institutional investors to assume a core position in this new and expanding asset class. Although an exempt market product, we at 3iQ are excited to offer this product with our partners and to bring a diversified basket of leading digital assets to institutions and qualified investors", notes 3iQ Chief Executive Officer Frederick Pye.

Unique to the fund and to 3iQ in general in Canada, are relationships which include lead consultancy from ARK-Invest of New York, an institutional level of security with a leading cryptoasset Custodian, and expert trading with established trading firms to access liquidity across the entire cryptoasset space, says Pye.

About 3iQ Corp.
3iQ is a Canadian Investment Fund Manager focused on providing innovative investments of institutional quality in disruptive technologies and the crypto asset space. Founded in 2012, 3iQ is committed to a disciplined approach to investment selection aided by the most innovative due diligence process and quantitative techniques. Please visit 3iQ.ca to learn more.

SOURCE 3iQ CorpUnknown.png

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