Napoleon’s BTC Fund Ties To CME’s Bitcoin Futures, Will It Use Bakkt’s New Cash-Settled Offering?
Napoleon AM Asset management is an asset manager regulated by France, which specializes in quantitative investment strategies applied to underlying assets exposed to crypto-assets. The French authorities licensed it as the first regulated Asset manager experts in the cryptocurrency. Chicago Mercantile Exchange (CME) has released new details on its Bitcoin options contracts with the Napoleon group.
CME and Napoleon AM Funds
Bakkt has virtually triggered a race with CME since both companies see great potential in the trading operations with Bitcoin. The CME Bitcoin's future has been in the market for two years and is suspected of manipulating the Bitcoin price. The Trump administration has also approved the CME's futures to burst the 2017 bitcoin bubble.
CME will enable Napoleon, which specializes in quantitative strategies on liquid instruments, to carry out management activities for investors in financial instruments with crypto underlying. The firm will thus be one of the first European asset managers to offer investment strategies offering exposure to digital assets through fully regulated devices.
It is the second milestone reached by the Napoleon crypto team after its ICO success in early 2018, which funded its development through the issuance of NPX tokens. The token provided access to trading signals generated by algorithmic strategies running on a dozen stock market indices and crypto-assets.
The innovative Investment Solutions
Napoleon's approach to link with CME will help in complying with financial standards and is relying on regulations to meet the needs of institutional investors. The group focuses on regulating the crypto and blockchain industry to accelerate its adoption. It has also established numerous workshops and meeting with both private and public investors over a considerable period.
Individuals can already benefit from the quantitative strategies available on Napoleon platform for bitcoin and other global stock indices.