Following the appointment of Apex as administrator, Blockchain.com has named Standard Custody & Trust Company, a PolySign company, as custodian for its new institutional platform, Blockchain.com Asset Management (BCAM). BCAM will deliver a suite of institutional investment products, combining the crypto trading infrastructure, research and security software services of Blockchain.com with Altis Partners’ investment management…
Category: Mandates
Apex to support new BCAM funds
Apex Group has been appointed to provide fund services to Blockchain.com Asset Management (BCAM), a new crypto asset management platform powered by Blockchain.com, with investments managed by Altis Partners, a C.I.-based manager. BCAM’s C.I.-domiciled funds will offer regulated crypto investment products for institutional investors, family offices and high net worth individuals. The platform is launched…
Invictus converts crypto funds
Invictus Capital, a Cayman-domiciled manager, has migrated its tokenised crypto funds into a regulated mutual fund structure. All open-ended Invictus funds will now have the same oversight as other regulated mutual funds within the Cayman Islands. The funds will benefit from annual independent external audits and daily verification of fund assets by a licensed third-party…
Circle adds BNY Mellon as reserves custodian
Circle Internet Financial, LLC has appointed BNY Mellon as a primary custodian for USD Coin (USDC) reserves. Circle is an internet finance firm that provides internet-based payments and financial infrastructure and is the sole issuer of USDC. USDC is one of the fastest growing dollar digital currencies in the world, with over USD52bn in circulation…
Catalyst wins digital asset admin mandate
The Catalyst Group Limited, a Cayman-based fund administration and financial services provider, has been appointed by dParadigm Capital Limited, to provide fund administration services for its institutional grade digital asset fund, dParadigm Fund SPC. The fund is a regulated vehicle for institutional investors to gain exposure to digital assets via a hybrid VC and DeFi…
Belgian LE hires Digivault & Asset Reality
Digivault, a UK-based digital asset custody provider, and Asset Reality, the provider of an end-to-end solution for recovering, managing and realising seized crypto assets, have been engaged by Belgian law enforcement agencies to provide recovery, storage and management services for seized crypto assets.
Apex to administer new crypto fund
Apex has been appointed to provide fund administration and transfer agency services for the NEOR Crypto Volatility Fund. NEOR is a long/short quantitative algo crypto vol trading fund with strategies based on artificial intelligence combined with deep-learning models aimed at identifying trading opportunities by digesting real-time data from multiple sources. Eagle Eye Finance Sàrl is…
UnionBank to deploy Harmonize
METACO, a provider of security-critical software and infrastructure to the digital asset ecosystem, has announced that Union Bank of the Philippines (UnionBank) is implementing its digital asset management services. UnionBank will leverage Harmonize, METACO’s digital asset orchestration system, to manage its digital asset operations. Harmonize enables institutions to manage a range of end-to-end digital asset…