Insuring Cryptocurrency Hedges Funds, Blockchain Venture and Private Equity Firms
According to Autonomous Next, a London based fintech research practice, digital asset hedge funds now number 251 as of August 2018; more than double the number in October of 2017. Many are small, buoyed by entrepreneurs who were part of the early days of Bitcoin’s prolific rise, but there are also very large funds with $1 billion plus in assets under management. They have sophisticated management with quality service providers for compliance, audit, fund administration, legal and accounting. These larger funds are helping to shape the regulatory landscape by working with the SEC, CFTC, NFA and FINRA. According to …
https://www.epicbrokers.com/insights/insuring-cryptocurrency-hedges-funds-blockchain-venture-and-private-equity-firms/