Press Release - Crypto pioneer Altana launches new Digital Assets Fund
Altana Wealth has launched its new Digital Assets Fund that will invest in Blockchain Technology across a wide spectrum of sectors.
The London and Monaco based fund manager is one of the pioneers in crypto investing. Altana launched its Digital Currency Fund (ADCF), the first cryptocurrency fund in Europe, in May 2014 which has returned 7000% since inception. In January 2017 it launched Altana Specialty Finance (ASF), which loans USD to crypto traders and has never had a down month.
The Altana Digital Assets Fund (ADAF) invests in early-stage Blockchain projects that are largely inaccessible through traditional equity investments allowing investors to participate in the significant upside potential of an asset class that is poised to explode. It uses a discretionary portfolio management strategy following a VC style rules-based investment process to source, research and filter the highest quality digital assets.
ADAF follows six main primary investment themes: Layer 1 & 2 Blockchain, Decentralised Finance, Web 3.0, centralised exchange platforms, interoperability and Metaverse/Gaming.
Says portfolio manager Samed Bouaynaya: “With the current market sell off and investor sentiment at extreme fear levels, we believe we have an extraordinary opportunity to launch the fund now and start averaging into our best blue-chip projects. We have been closely monitoring key players’ liquidity positions following the recent market sell-off and work alongside Altana’s macro portfolio managers to monitor Central Bank policy actions. We believe both factors will soon signal a sentiment reversal.
“As we remain firm believers in the long term disruptive potential of BlockchanTechnology these are exciting times for us.”
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