Translunar Crypto Asset Fund Signs Partnership With Sterling Global Financial for Custody
Translunar One, an important cryptocurrency asset hedge fund and blockchain investment company announced a partnership, on May the 30th, with Sterling Global Financial to provide an institutional grade, third-party custody solution of all crypto-assets, including ERC 20 and token offerings.
The portfolio that is available to Translunar One investor is composed of companies that are operating in different industries and have been thoroughly vetted by Translunar One’s fund manager and a team of strategic partners. The company advises and assists portfolio companies with all the necessary information required to maximize investment returns.
Justin Schmidt, founder and fund manager of Translunar One said that by partnering with Sterling, Translunar One will prepare every single crypto-asset held in an institutional-grade custodial account, something very important in the adoption of crypto as a real asset class.
Investors will now have a solution that require their assets to be held in a custodial account that is capable of adhering to the same level of compliance applied to traditional equities and other securities.
Brandon Caruana, Chief Technology Officer Of Sterling Global Financial, Said:
“We are excited to work with Translunar One and we share their vision for the growth and maturation of crypto-backed assets. Critical to that maturation will be third-party custody of all assets, and we are excited to provide institutional-grade custodial services for tokens to the companies that are creating the next generation of financial assets.”