Today news
About the same in other media
Two MAS-regulated Bitcoin funds launch in Singapore
Reading now: 480
Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS).
The new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, are intended to provide simple and secure exposure to Bitcoin for professional investors, Fintonia announced on Nov. 25.
The Fintonia Bitcoin Physical Fund targets institutional investors seeking direct exposure to Bitcoin, allowing them to buy, store and sell large amounts of the cryptocurrency. “The fund acquires physical Bitcoin, meaning we will buy the actual Bitcoin rather than a derivative instrument on Bitcoin,” Fintonia founder and chairman Adrian Chng reportedly said.
The Fintonia Secured Yield
Read more on cointelegraph.comAbout this in other media
Binance affiliate says will withdraw Singapore licence application business-standard.com /3 years ago
Binance scraps plan for cryptocurrency exchange in Singapore moneycontrol.com /3 years ago
Binance Singapore arm acquires 18% stake in private stock exchange cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
