Fintonia Group has launched two bitcoin funds in Singapore
According to the media reports, the funds will only work with institutional investors
29.11.2021 - 10:00
119
1 min
0
What’s new? According to Fund Selector Asia, Singapore has launched two bitcoin funds aimed at institutional investors. The funds are founded by Fintonia Group and have been licensed by the local regulator.
News source on the Find Selector Asia website
What is known about the new funds? The first fund, called Bitcoin Physical Fund, will buy and hold the first cryptocurrency in its account for the benefit of clients. The second fund, Secured Yield Fund, will provide fiat currency loans to users, secured in bitcoins.
Both funds are licensed by the Monetary Authority of Singapore. According to Fintonia Group, this will win the trust of large institutional investors who are interested in this new type of digital asset.
Useful material?
Telegram 
Twitter Market
It costs more than $2000 an hour for a company specialist, while at least 100 employees are involved in the proceedings on the collapse of the exchange
Jan 27, 2023
Market
The entrepreneur agrees to eat a Happy Meal live if the restaurant adds DOGE as a means of payment
Jan 27, 2023
Market
Cryptocurrency expert Dylan LeClair also noted that the average rate of most coins has been showing positive dynamics over the last 30 days
Jan 27, 2023
Market
At the DAO vote, the initiative received the support of about 99% of the participants
Jan 27, 2023
Market
The index rose to 55 for the first time since March 30, 2022
Jan 27, 2023
Market
The cost of the accounts ranges from $50 to $300, depending on the availability of verification
Jan 27, 2023
Cryptocurrency rates
-
Bitcoin
$23 174
BTC
-1.26%
-
Ethereum
$1 590.06
ETH
-1.29%
-
Ripple
$0.4
XRP
-3.23%
-
Cardano
$0.38
ADA
-2.46%
-
Dogecoin
$0.09
DOGE
-4.27%
-
Polkadot
$6.3
DOT
-4.61%
-
Litecoin
$92.88
LTC
-2.59%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$182.78
XMR
-0.59%
-
Bitcoin-cash
$132.13
BCH
-3.06%