Hauck & Aufhäuser will launch its first Crypto fund on January 1, 2021.

Hauck & Aufhäuser will launch its first Crypto fund on January 1, 2021.

Hauck & Aufhäuser, a German private bank disclosed that it will launch its first crypto fund named HAIC Digital Asset Fund I on January 1, 2021, in collaboration with Berlin fintech Kapilendo. The bank will deal with institutional and semi-institutional investors who want to invest in crypto assets with a minimum investment being 200,000 Euros. Bank will manage funds whereas Kapilendo will serve as the crypto depository. Holger Sepp, a Board member said:

“We are seeing that digital assets and cryptocurrencies are becoming increasingly attractive with institutional investors. With the launch of our first crypto fund, together with Kapilendo, we have created an innovative investment vehicle that gives our customers inexpensive and secure access to the new crypto asset class while meeting the established quality standards and high demands of Hauck & Aufhäuser.”

Source: [Todayq News](https://news.todayq.com/news/hauck-aufhausers-crypto-fund-to-bill-winters-views-about-crypto/)



View Reddit by rollingincryptoView Source

Leave a Comment

Your email address will not be published. Required fields are marked *