Join Our Mailing List
Monday May 29, 2023
Bitcoin (BTC) $27,902.48   Ethereum (ETH) $1,903.08
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Featured

Luxembourg cryptocurrency fund of funds opens to qualified investors

Published by CryptoNinjas.net
11/20/2017
Luxembourg cryptocurrency fund of funds opens to qualified investors

A new Luxembourg domiciled open-ended fund of funds is now open for investment to qualified investors, it will invest in a carefully selected portfolio of blockchain/cryptocurrency investment funds, which apply a variety of strategies within the sector and have a combined AUM of over USD $500m. The Fund will provide unique diversification and apply traditional/rigorous due diligence for investor’s peace of mind.

The Fund’s management company, Block Asset Management S.à.r.l., is domiciled in Luxembourg and registered with the CSSF. Block Asset Management has already received substantial commitments from global asset managers and family offices ready for launch and it continues to actively seek further investment.

Block Asset Management’s Founder and director, Kevin Ballard, said:

“Feedback from professional and institutional investors is that whilst they acknowledge their understanding of this sector is fairly limited, they do recognize it can generate high returns (albeit in a high-risk environment). Investors have also been hesitant due to difficulties in selecting a single strategy or manager. This is compounded by a lack of funds that offer diversification or any material performance history. This feedback made Manuel and I realize that by providing a more diverse investment opportunity BAM would provide an intelligent solution to the concerns investors have when they consider this exciting new space.”

Mr. De Luque Muntaner, Block Asset Management’s CEO, added:

“We knew that many funds existed in the crypto space, but most would clearly not pass any comprehensive, serious due diligence. However, relying on Block Asset Management’s team, we successfully completed months of extensive analysis of dozens of funds and eventually approved the best funds for inclusion in the fund” He continued “Market research also made it very clear that investors preferred a Luxembourg investment vehicle with independent, third-party service providers: custodian, administrator, and auditor. For BAM this was of paramount importance”

Block Asset Management believes that we are in the early adoption stage of cryptocurrency/blockchain technology and that investor demand will increase dramatically further enhancing values. Via the Fund, investors gain diversified exposure to this dynamic new asset class by way of the fund’s unique five-prong investment approach: exposure to tracking/index, trading, mining, lending and ICO funds through carefully selected managers and funds.

56
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Pantera and Block Asset join early investors in Gifto protocol

12/01/2017
Pantera and Block Asset join early investors in Gifto protocol

Gifto, a new blockchain ‘virtual gifting’ protocol that will allow millions of content creators to monetize their content on sites like YouTube, Facebook, and Instagram, has announced that Pantera and Block Asset have joined a...

Read more

‘Qualifying Investors’ can now invest in Luxembourg-based exchange Bitstamp

12/06/2016

Nejc Kodric, the CEO of Luxembourg-based cryptocurrency exchange Bitstamp today sent out a notice stating that 'Qualifying Investors' can now invest directly in the exchange through BnkToTheFuture.com, a global online investment platform. Founded in...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy