Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Zug-based Crypto Fund receives FINMA license to distribute funds to qualified investors

Crypto Fund AG, a Zug-based asset management subsidiary of Crypto Finance AG, has received a license from the Swiss Financial Market Supervisory Authority (FINMA) to distribute funds to qualified investors.

According to the official release, this marks the first time that a crypto fund company has been granted such an authorisation. Crypto Finance said that Crypto Fund has been approved to distribute collective investment schemes to qualified investors.

“All employees of Crypto Fund AG have many years of experience in asset management,” says Mathias Maurer, COO of Crypto Fund AG.

“For us, getting the FINMA license is a big step in the right direction, to establish us as the first point of contact for crypto assets,” concludes Jan Brzezek, CEO and founder of Crypto Fund AG.

Crypto Fund AG, a member of the VQF – a self-regulatory organisation (SRO) in Switzerland, says that it simplifies access to the entire crypto market for the investor by investing directly and diversified in crypto assets. According to its website, it is seeking approval for its “Crypto Market Index Fund” – a passive investment vehicle available for qualified investors that tracks the Crypto Market Index 10 and is calculated and maintained by SIX Swiss Exchange AG.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 17 01:30 UTC Released

CNChina House Prices YY

Actual

5 %

Forecast

Previous

4.7 %

July 17 00:30 UTC Released

SGOil Exports YY

Actual

1.1 0

Forecast

7.6 0

Previous

15.5 0

January 31 00:00 UTC 240601240601m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 240601240601m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 252421252421m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 240601240601m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 252421252421m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 240601240601m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 240601240601m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 240601240601m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.