U.K.s First FCA-Authorized Crypto Arbitrage Hedge Fund Has Arrived

U.K.s First FCA-Authorized Crypto Arbitrage Hedge Fund Has Arrived

Institutional investors choices to invest in crypto-assets continue to expand. Now, Nickel Asset Management has raised $50 million to participate in the market through a new crypto investment fund.

Crypto Market Becoming a High-Octane World

Study upon study shows that interest to invest in Bitcoin and other crypto-assets continues to gain momentum. As a result, financial firms are continuously developing new financial products to target the vast potential pool of investors all over the world.

Most recently, the U.K. based hedge-fund manager Nickel Asset Management Ltd. announced that it had obtained a total for $50 million in a single venture fund to develop investment opportunities in the crypto market.

Thus, on September 9, 2019, the firm launched the Nickel Arbitrage Fund. At the announcement, Anatoly Crachilov, Founding Partner and CEO at Nickel Digital Asset Management, stated,

Our vision is that its simply a matter of time until digital assets become part of institutional portfolio allocation for forward-looking investors around the world, and we aim to build an institutional-quality gateway to this high-octane world of digital assets.

Nickel boasts of being U.K.s first FCA-authorized digital assets arbitrage hedge fund. Specifically, Nickel is an authorized representative of Helford Capital Partners LLP. The fund specializes in high-frequency quantitative strategies in digital assets.

Investors Capitalize On Digital Asset Volatility

Some investors find volatility, or sharp price swings, in an asset such as Bitcoin, quite attractive. For them, as volatility increases, the potential to make a profit also increases. Obviously, with volatility, the risk factor also increases.

Indeed, trading firms such as Jane Street and Flow Traders are already exploiting cryptocurrencies price high volatility. To this end, these two trading firms are actively trading Bitcoin, XRP, Ethereum, Litecoin, and Bitcoin Cash. In this connection, Jane Street and Flow traders are authorized participants for the Amun Crypto exchange-traded product (ETP).

Now, Nickel joins the growing number of firms focusing on cryptocurrencies and their inherent volatility. The firm specializes in dealing with volatility. Nickels website explains, the firm maintains market neutral position, generating returns through volatility, market inefficiencies, and price dislocations.

What do you think of institutional investors interest in crypto-based hedge funds? Let us know what you think in the comments below.


Images via Shutterstock

The post U.K.s First FCA-Authorized Crypto Arbitrage Hedge Fund Has Arrived appeared first on Bitcoinist.com.

10.09.2019 / 11:30 43
$30M Shanghai-Based Cryptocurrency Trading Fund to Launch in Early 2019 $30M Shanghai-Based Cryptocurrency
Shanghai-based digital asset management company is reportedly set to launch a new cryptocurrency trading fund in partnership with an unnamed licensed
Exchanges Roundup: Devere Launches Crypto Fund, Binance Uganda Claims 40,000 Users Exchanges Roundup: Devere Launches
Devere Group has announced the launch of a digital asset fund and Binance Uganda claims to have onboarded 40,000 users during its first week of
Consultancy Giant DeVere Launches Actively Managed Crypto Fund Consultancy Giant DeVere Launches
Financial advisory firm, DeVere, has officially launched an actively managed crypto investment fund that is geared towards experienced investors who
Coinschedule and Trecento Blockchain Capital to Launch a Joint Fund To Invest In The Most Promising and Credible Token Offerings and Equity-Based Blockchain Projects Coinschedule and Trecento Blockchain
17th of October 2018 OXFORD, UK and GENEVA, SWITZERLAND: Coinschedule, the British blockchain portal, and Trecento Blockchain Capital, an asset
Institutional Investor: Crypto Will be Worth Trillions, Launches Hedge Fund Institutional Investor: Crypto Will be
After leaving his position as an executive at Steven Cohens Point72 hedge fund, Travis Kling decided to start his own crypto-focused fund. This was
Blockchain ETF Provider Will Launch a $100 Million Crypto Hedge Fund: Report Blockchain ETF Provider Will Launch a
Reality Shares, an asset management firm based in California, will be launching a $100 million multi-strategy crypto hedge fund, a sourcetold
Comments (0)
Add a comment
Comment on