Crypto Asset Manager 3IQ has presented one of its coverage fund products as an actively administered certificate (AMC) with the regulated partner of Switzerland Cryptonite Asset Management, companies said Thursday.
AMC are regulated investment vehicles that allow qualified investors to invest in actively administered products. The new structured product is due to trade on Swiss Exchange Six.
The Multifactor AMC 3IQ Criptonite is a coverage fund that uses a long/short strategy, taking advantage of trends to market deposit and low trends with dynamic positioning, according to a press release.
A pioneer in Crity Trading Arena, 3iq was one of the first fund managers to list a Bitcoin background, with its Bitcoin background in the TSX, and the first with a ether background that appears on the stock market, also in Toronto.
“Talented managers have emigrated to digital assets that demonstrate their ability to generate the alpha that they previously achieved in traditional markets,” said the CEO of Criptonite, Florian Rais, in a statement.
