Swiss Company UBS Launches New $ 10 Million Digital Currency Fund
Investors now become a new digital currency fund. Where he launched aformer banking company " the UBS " Jean Przyk currencies fund digital new targets to reach for 10 million dollars by the end of the month, Przyk said that the digital currency fund is currently abroad and is inert in nature (due to product be active in the summer), with tracking Performance of the first main indicator of digital operations. Seeking approval from Swiss regulators to expand the reach of the fund to reach more customers.Brzezek's move from traditional banking to digital currencies also shows a remarkable trend of similar moves, extending to the former BlackRock partner , who moved from the world's largest asset management company to a digital currency hedge fund operator. At the same time, three former Goldman Sachs employees unveiled an ETF-like digital currency fund targeting wealthy investors from January 1 .
"The offered of Crescent " to manage the assets of digital currencies for the first time the fund gains for nearly a dozen digital currency, which gives investors greater than granted Przyk diversification fund. While the one of the three employees of the former Goldman group " Ali Hassan " to enter into Alpetkoan when it was worth 300 dollars funded through the reward given to him by the former employer, according to the newspaper " the Financial of Times " On the other hand, it has attracted Przyk the likes of " Raymond C . Bear ", honorary president of the group" , Julius Baer Gruppe ", the head of the " Group of Susi Partners , "in the city" of Zurich's " to the Council.The bank's shift has made things worse for the traditional banking sector, which has been negatively affected by the middle of the rise of the Betquin and other alternative digital currencies, despite some efforts by some to suppress the movement.
Group " CrytoFinance "
" We are building the first structured digital currency fund, with a main broker and a storage space, " says Persek's profile on LinkedIn as the CEO and co-founder of Switzerland-based CrytoFinance . The main intermediation element indicates that there may be authority and sales in transactions. Brezek launched a new digital currency initiative in May 2017 , according to the profile, but the fund appears to have left aside at the moment.The CryptoFinance fund targets institutional investors such as banks, asset management companies and wealth management offices rather than the public. The Swiss SIX trading platform , which consists of Betquin, Betcin, Cash, Atherom and Alleit Quinn, is tracked by market capitalization. Ultimately, the index of the new fund will contain the price of approximately twelve digital currencies.