CMCC Launches New Bitcoin Mutual Fund
CMCC Global, a Hong Kong-based venture capital group has recently launched a new bitcoin mutual fund dubbed as Liberty Bitcoin Fund with the main aim of giving accredited investors an easier and faster way to buy crypto.
According to the reports, the Liberty Bitcoin Fund is a single-asset passive tracker of Bitcoin and offers services including buying and safekeeping coins.
Martin Baumann, managing partner of CMCC Global reveals that their company received more and more questions over the years from their existing investor base about bitcoin and the fund is the result of this demand.
The new fund uses ANXONE Custody, a proprietary digital asset safekeeping system with insured wallets provided by a digital asset technology company BC group, a publicly listed in Hong Kong Stock Exchange.
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