Portal Asset Management launches Asia-Pacific cryptocurrency, blockchain fund

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“With global assets now capable of being digitised, fractionated and traded using blockchain technologies, digital assets are set to become the fourth superclass, joining the traditional classes of store of wealth, capital and goods,” the boutique investment firm added.

The portfolio will be focused on two investment streams: quantitative-driven trading covering systematic, momentum and arbitrage strategies; and long-only venture capital and private equity funds investing in blockchain protocol infrastructure. The fund’s initial focus will be on the former stream. The firm’s advisory committee comprises experienced researchers and technical specialists in the blockchain industry, including Nitin Gaur, director of IBM’s Blockchain Labs, as well as Matt Spoke, founder and managing director of AION Network.

Source: News Formal (newsformal.com)

 

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