Openfinance, a U.S. regulated platform for the secondary market trading of digital alternative assets, announced today Protos is available for trading to verified non-U.S. investors and accredited U.S. investors on the Openfinance Alternative Trading System (ATS).
The Protos fund (PRTS) allows investors to participate in an evergreen fund by deploying capital across a broad range of digital tokens, cryptocurrency, and other cryptocurrency investments.
“By offering the first tokenized hedge fund to our investors, our platform is providing even more variety and opportunities for diversification,” said Juan Hernandez, Founder & CEO of Openfinance. “We’re excited to be working with Protos Asset Management and providing our users access to an entirely new asset class.”
The Protos fund’s goal is to capture profit opportunities in the digital token and cryptocurrency market while limiting losses and risk during periods of volatility or general market downturns. By investing in the largest cryptocurrencies by network value (market capitalization) and those which possess the most trading liquidity (as measured by transaction volume on the major trading exchanges), as well as in early-stage cryptocurrency and blockchain-related projects, Protos aims to produce returns, with a focus on controlling risk.
“Protos is excited to partner with Openfinance to offer investors the opportunity to get exposure to this exciting asset class. At Protos we are motivated to deliver superior risk-adjusted returns to investors, with institutional-grade custody and risk controls,” said Dr. Philipp Kallerhoff, CEO of Protos.
As the first-to-market U.S.-regulated ATS platform for the trading of digitally formatted securities, Openfinance now has multiple securities available to accredited U.S. investors for active trading. Additionally, Openfinance will continue to work closely with regulators to ensure every trade meets strict compliance and regulatory standards.