CoinShares’ new fund-of-funds fosters blockchain diversification

CoinShares this week unveiled The Blockchain Strategies Fund, a Luxembourg-domiciled, blockchain-focused fund-of-funds providing exposure to a broad array of components which comprise the crypto and larger blockchain economy.

The fund will invest in other strategies ranging from those focused on crypto-currency trading, mining, and lending to ICOs, indexes and Delta One securities/equities. In a release CoinsShares said their strategy is designed to deliver diversified exposure and seeks to provide a better risk/reward profile and lower volatility than other, more single purpose funds.

“If you wanted to invest in the internet through a diverse mix of strategies focused on everything from servers, fiber-optics and silicon to search engines, social network start-ups and e-commerce infrastructure – this would be that fund, but for the crypto-economy,” CoinShares (UK) CEO Ryan Radloff said. “We are very excited about bringing this fund and Block Asset Management’s expertise to our investor base; both the strategy and team will be a great complement to CoinShares’ growing platform of strategies.”

The Block Asset team shares a combined 100-plus years of professional finance experience with alumnae from Credit Suisse, Societe General, Citibank, UBS, Barclays & Lloyds. The team brings a diverse mix of trading backgrounds equipping them to be one of the most seasoned managers in the crypto-finance market.

“As a group, Block Asset Management and CoinShares have a shared philosophy of acting as portfolio risk managers first and foremost – so when the opportunity to work together came up, it was an obvious fit. We are very excited to bring this fund-of-funds to market, and could not have imagined a better group to do it with than CoinShares, a leader in crypto Finance,” said Manuel E De Luque Muntaner, CEO of Block Asset Management.

This announcement comes less than one month after CoinShares announced two new crypto asset focused funds.

For more information on the new funds or other CoinShares related inquiries, please email [email protected]