AKJ Crypto launches crypto fund for institutions

BitcoinAKJ 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

Latest webinar

Funds Europe and Jersey Finance webinar – Women in Alternative Investments
During this webinar, our panel will share insights relating to their careers and experiences, explore the trends they are seeing within the alternative investment industry and have thought-provoking discussions on the hot topics around the gender component of diversity, equity and inclusion (DEI).
Watch now »