Last Updated on: 21st November 2023, 09:47 pm
Cryptanium Fund I SP, a digital asset hedge fund regulated by the Cayman Islands Monetary Authority (CIMA), has been launched. It focuses on capital appreciation through deployment of trend-agnostic digital asset strategies, such as on-chain transactions and interaction with decentralized finance protocols.
Eugene Moshnin, co-founder and CIO of Cryptanium, said: “We are delighted to launch the Cryptanium Fund I SP. Given the increased scrutiny by investors, we have launched a fund that is regulated and subject to the high standards of risk management expected of institutional investors.”
He added that the fund will seek to exploit market inefficiencies by providing liquidity, market-making and arbitrage on chosen liquidity pools. A proprietary research system is used to assist in the discovery of outstanding opportunities by screening major DeFi protocols and blockchains.
David Lloyd, Managing Director of CV5 Capital, the regulated platform manager, commented: “We are delighted to assist and support the launch of Cryptanium Fund I SP. CV5 Digital SPC continues to be a leader in its field for digital asset fund managers seeking to launch and manage digital asset funds. We wish Cryptanium all the very best with the new launch.”
Cryptanium Fund I SP has been created with a core focus on governance, compliance and institutional investor due diligence requirements. It is audited by a CIMA approved auditor under the umbrella of CV5 Digital SPC.