NASSAU, Bahamas, March 9, 2020 – Delchain Limited (Delchain), which offers a full suite of regulated financial services to support blockchain companies and high net worth clients announces the launch of the $280 million crypto fund, ‘Fulgur Alpha I Fund’, this week.
Fulgur Alpha I Fund is a Bahamas-based absolute-return hedge fund that will pursue a variety of trading strategies in digital assets, accessible only to professional investors.
The major players involved in Fulgur Alpha I Fund make it one of the most unique and dynamic crypto funds currently launching. Fulgur Alpha I Fund’s assets are protected by Delchain, which is licensed as a Financial and Corporate Services Provider in The Bahamas, while Deltec Fund Services Limited (Deltec Fund Services), a leading Bahamas-based fund administrator and division of Deltec International Group, will ensure all the requisite regulatory requirements are met. Fulgur Alpha I Fund has been onboarded by Bitfinex, one of the oldest and largest crypto exchanges, and the choice for crypto hedge funds of considerable dimension.
With the launch of the Fulgur Alpha I Fund, Delchain, Deltec Fund Services and Bitfinex are jointly working on a general framework for crypto funds around the world. This framework includes a robust pre-packaged solution for funds with the liquidity needed and regulated asset custody. Fulgur Alpha I Fund represents the blueprint for the crypto funds moving forward, with the segregation of risk through the collaboration of some of the major players in the industry.
“We’re developing a traditional fund setup in crypto space” said Bruno Macchialli, Executive Head of Operations at Delchain. “The diversification of risk makes this a unique proposition, not seen before, and sets the stage to standardize what can be offered to crypto funds. Fulgur Alpha I Fund is the first all-included offer, treating fiat and crypto on the same level” he added.
Fulgur Alpha Fund aims to increase the size of its assets under management in 2020, amid growing interest in crypto among institutional investors as an asset class uncorrelated to increasingly turbulent markets.
More about Delchain Limited
Delchain Limited (Delchain) is a licensed Financial Corporate Service Provider, regulated by Securities Commission of the Bahamas with offices in the Bahamas and Singapore. Delchain provides a full suite of financial services to support blockchain institutions and high net worth clients, including
NASSAU, Bahamas, March 9, 2020 – Delchain Limited (Delchain), which offers a full suite of regulated financial services to support blockchain companies and high net worth clients announces the launch of the $280 million crypto fund, ‘Fulgur Alpha I Fund’, this week.
Fulgur Alpha I Fund is a Bahamas-based absolute-return hedge fund that will pursue a variety of trading strategies in digital assets, accessible only to professional investors.
The major players involved in Fulgur Alpha I Fund make it one of the most unique and dynamic crypto funds currently launching. Fulgur Alpha I Fund’s assets are protected by Delchain, which is licensed as a Financial and Corporate Services Provider in The Bahamas, while Deltec Fund Services Limited (Deltec Fund Services), a leading Bahamas-based fund administrator and division of Deltec International Group, will ensure all the requisite regulatory requirements are met. Fulgur Alpha I Fund has been onboarded by Bitfinex, one of the oldest and largest crypto exchanges, and the choice for crypto hedge funds of considerable dimension.
With the launch of the Fulgur Alpha I Fund, Delchain, Deltec Fund Services and Bitfinex are jointly working on a general framework for crypto funds around the world. This framework includes a robust pre-packaged solution for funds with the liquidity needed and regulated asset custody. Fulgur Alpha I Fund represents the blueprint for the crypto funds moving forward, with the segregation of risk through the collaboration of some of the major players in the industry.
“We’re developing a traditional fund setup in crypto space” said Bruno Macchialli, Executive Head of Operations at Delchain. “The diversification of risk makes this a unique proposition, not seen before, and sets the stage to standardize what can be offered to crypto funds. Fulgur Alpha I Fund is the first all-included offer, treating fiat and crypto on the same level” he added.
Fulgur Alpha Fund aims to increase the size of its assets under management in 2020, amid growing interest in crypto among institutional investors as an asset class uncorrelated to increasingly turbulent markets.
More about Delchain Limited
Delchain Limited (Delchain) is a licensed Financial Corporate Service Provider, regulated by Securities Commission of the Bahamas with offices in the Bahamas and Singapore. Delchain provides a full suite of financial services to support blockchain institutions and high net worth clients, including
Fiat banking services: traditional banking services provided by banking partners.