Crypto Asset Manager 3IQ has debuted one of its hedge fund products as a proactively managed certificate (AMC) along with Swiss regulated partner Criptonite Asset Management, the company said Thursday.
AMC is a regulated investment vehicle that allows qualified investors to invest in proactively managed products. The new structured products are scheduled for Swiss Exchange 6 trade.
According to a press release, 3IQ Criptonite Multi-Factor AMC is a hedge fund that uses long/short strategies to capitalize on upward and downward trends in the market with dynamic positioning.
3IQ, a pioneer of Crypto Trading Arena, listed Bitcoin funds on TSX, and was one of the first fund managers to use the publicly available Ether Fund in Toronto.
“Talent managers have moved to digital assets that demonstrate the ability to generate alphas previously achieved in traditional markets,” Criptonite CEO Florian Rais said in a statement.
