Grayscale Investments has partnered with Icapital Community to offer greater than 6,700 advisors entry to its cryptocurrency funding merchandise. “Advisors and their shoppers have expressed rising urge for food for uncorrelated return potential of their portfolios, and digital currencies are on the heart of the dialog proper now,” mentioned the CEO of Icapital.
Over 6,700 Advisors Now Have Entry to Grayscale’s Crypto Investments
Grayscale Investments introduced Monday a partnership with Icapital Community, a platform connecting advisors and excessive web price traders to various funding managers.
Icapital companies greater than $80 billion in consumer property throughout greater than 780 funds globally as of July 31, in accordance with the corporate. The New York-headquartered agency has workplaces in Zurich, London, Lisbon, and Hong Kong.
The partnership will “supply Icapital Community’s greater than 6,700 community advisors serving high-net-worth shoppers with entry to digital currencies by way of a Grayscale diversified market-cap weighted funding technique,” the announcement particulars. “Icapital’s advisors and shoppers will now have seamless entry to Grayscale’s main digital forex funding methods.”
Lawrence Calcano, CEO of Icapital Community, commented:
Advisors and their shoppers have expressed rising urge for food for uncorrelated return potential of their portfolios, and digital currencies are on the heart of the dialog proper now.
Grayscale Investments is the world’s largest digital forex asset supervisor. It has $43 billion in property beneath administration (AUM) as of Sept. 9. The agency presents 15 crypto funding methods, together with six SEC-reporting funding merchandise.
Hugh Ross, chief working officer of Grayscale, opined: “We’re thrilled to collaborate with Icapital to offer entry to an institutional-quality, digital forex funding technique that’s differentiated by its transparency as an SEC reporting firm.”
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