AKJ Crypto launches crypto fund for institutions

AKJ Crypto, a crypto asset platform for hedge funds, has rolled out a crypto fund suitable for professional investors.

The Avenue Crypto IC Sicav plc fund aims to provide an institutional-grade offering for professional crypto fund managers and their limited partners, the firm said.

AKJ Crypto’s platform provides trading and infrastructure solutions for fund managers that invest in digital assets.

The firm’s chief executive Neal Mitra hailed the fund launch as a “milestone” for the company.

“The launch of Avenue Crypto is a significant milestone as we seek to lead the professionalisation of asset management within the crypto space,” Mitra said.

The firm now intends to “commence the stage one security token offering and continue to expand its capital allocation solutions for top performing crypto funds” via its AKJ Token platform.

©2019 funds europe

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