Crypto Fund AG promises to give investors safe and familiar access to the world of cryptocurrencies. Find out how this Zug, Switzerland-based company works today in our review.
What is Crypto Fund AG?
Crypto Fund AG, found online at CryptoFundAG.ch, is a Swiss-based team of bankers, entrepreneurs, and investors. The goal of the company is to provide safe, regulated, easy access to the world of cryptocurrencies for investors.
Today, Switzerland is leading the establishment of a regulatory environment for a digital economy. Swiss governmental organizations like FINMA (the Swiss Financial Market Supervisory Authority) make it easier to recognize and regulate cryptocurrencies while retaining the core benefits of those cryptocurrencies.
Crypto Fund AG plans to take advantage of this unique regulatory environment to attract investors to the world of cryptocurrencies.
The core product created by Crypto Fund AG is the Cryptocurrency Fund, which is based on the Cryptocurrency Index. That fund will be registered with FINMA. We’ve previously seen funds similar to Crypto Fund AG that failed to gain regulatory approval. Crypto Fund AG managed to achieve that regulatory approval, which opens the way for traditional investors.
The Winklevoss ETF, for example, was rejected by the SEC. Crypto Fund AG decided to take a different approach by seeking regulation in Switzerland.
How Does the Cryptocurrency Fund Work?
Crypto Fund AG’s core product is the Cryptocurrency Fund. That fund is based on the Cryptocurrency Index. The Index is calculated by an index provider known for investing in virtual currencies with significant market caps – including popular coins like bitcoin, Ether, and Ripple.
The diversification of the index reduces volatility for investors while also reacting to surging cryptocurrencies on the market.
Overall, the fund’s growth rate “easily outpaces that of traditional equities and securities markets”, according to the creators of the fund.
The fund will not be available to small individual investors. It won’t be listed on an exchange. Instead, it will exclusively target qualified investors.
The Cryptocurrency Fund is expected to launch in Q4 2017. You can subscribe to the organization’s newsletter to stay updated on the status of the fund.
Who’s Behind Crypto Fund AG?
Crypto Fund AG is led by CEO Jan Brzezek, former business manager of the president of UBS Asset Management and UBS Group EMEA.
Brezezek teamed up with Dr. Tobias Reichmuth, who acts as chairman of the board for the company and is its founding investor. Other key members of the team include FinTech expert Marc P. Bernegger.
You can view detailed biographical and work experience information for each member of the team here.
Crypto Fund AG is based in Zug, Switzerland. Zug Valley has become the hub of several blockchain and crypto companies over the past few years, leading some to call it “Crypto Valley”. Zug is located just outside of Zurich.
Crypto Fund AG is advised by the law firm MME Legal, which specializes in blockchain and ICO law.
Crypto Fund AG Conclusion
Crypto Fund AG is releasing a cryptocurrency fund that will be regulated by Swiss banking organization FINMA. The fund will hold a collection of cryptocurrencies with the goal of earning big returns for investors. It will hold relatively stable currencies like bitcoin and Ether while also exposing investors to high-ROI coins with smaller market caps. Crypto Fund AG will not list its fund on any exchanges, but it will target high-profile investors with the fund.
Stay tuned for more information about Crypto Fund AG as the company seeks regulation from Swiss banking authorities and prepares to launch the fund in Q4 2017.