SFC allows HK’s MaiCapital to manage 100% digital-assets portfolio

The advancement will allow the metropolis to arise as a best destination for asset administrators hunting to launch cryptocurrency-themed resources for experienced investors.

See connected write-up: More traditional investors are eyeing cryptocurrency to diversify their portfolios

Rapidly details

• The Securities and Futures Fee (SFC)-certified blockchain and virtual belongings supervisor can handle portfolios that may comprise up to 100% of digital assets.
• HK-mentioned Wealthking Financial commitment joins the manager as a new investor, bringing experience in traditional finance.
• MaiCapital to expand featuring of digital asset fund products and controlled crypto services to international investors.
• Ideas to expand institutional business enterprise to over US$200 million in AUM.
• Given that securing SFC licenses to carry out Form 4 (advising on securities) and Type 9 (asset management) controlled functions in 2018, MaiCapital has been working two actively managed blockchain-themed hedge cash.
• These have realized far more than 20 times progress in whole AUM since 2019 through proprietary buying and selling.
• Blockchain Option Fund, MaiCapital’s virtual asset-themed hedge fund’s return in 2021 rated among the top rated 3 hedge funds throughout all of Asia, in accordance to Preqin.
• MaiCapital only companions with controlled exchanges and custodians this kind of as Coinbase and OSL.

See related posting: A portfolio balanced by electronic assets