Digital asset venture 3iQ and AltNovel introduce the MENA region's inauguralmulti-strategy cryptocurrency investment fund
🚀 Breaking News: Middle East's First Multi-Strategy Digital Assets Fund Launches 🚀
The investment world's buzzing today, 'cause 3iQ, a Canadian heavyweight in digital asset management, and AltNovel, an innovative alternative investments firm from Abu Dhabi, just teamed up to revolutionize the game! They've announced the launch of the AltNovel Digital Access Portfolio (ADAP)—the region's first multi-strategy digital assets fund! 💼📈
Announced on May 7, this bad boy's designed for qualified institutional investors looking to diversify their portfolios and score some sweet, risk-adjusted returns, all while keeping those traditional assets and stocks jokes on the down low. 💸💪
So, what's the big deal about ADAP? Well, it's packed with a smart multi-strategy approach, providing a well-balanced portfolio of digital asset hedge funds. The goal? Deliver high absolute returns with lower volatility and drawdowns, targeting annualized returns of 20% or more and a mind-blowing 2.4% on the drawdowns' low end. 📈🎉
Now, for the folks in the United Arab Emirates' Abu Dhabi international financial center, ADAP is your golden ticket to tapping into the digital assets scene without breaking a sweat. With the ability to bridge local private wealth markets and global investment opportunities, this bad boy democratizes access through blockchain technology. 🌐🤝
Say what? Stergios Voskopoulos, AltNovel's CEO, is all about this union. "We're pumped about this milestone as we continue to offer high-quality investment solutions to private investors across the GCC, right from our base in the ADGM," he said. Digital assets? The next big frontier for portfolio diversification, baby! And this collaboration with badass 3iQ? It aligns perfectly with our commitment to offering top-notch digital asset investment opportunities that cater to investors' evolving needs. 💪💼
And for 3iQ? This is just another feather in their cap. The firm, founded in 2012, has been breaking records in the digital asset space. They were the first to unveil a Bitcoin and Ethereum exchange-traded product listed on a global stock exchange, integrated staking into their Ethereum ETPs, and recently launched the first Solana staking exchange-traded fund in Canada. 🇨🇦🚀
So, there you have it—Middle East's first multi-strategy digital assets fund, here to shake things up and provide a whole new world of opportunities for investors! Get ready to dive into the digital asset era like never before! 🚀🚀🚀
- The AltNovel Digital Access Portfolio (ADAP) focuses on cryptocurrencies like Bitcoin and Ethereum, setting a new trend for digital asset investment.
- With a smart multi-strategy approach, the ADAP aims to deliver higher returns with lower volatility, targeting annualized returns of 20% or more and a minimum drawdown of 2.4%.
- This fund democratizes access to the digital assets scene through blockchain technology, bridging local private wealth markets and global investment opportunities.
- Stergios Voskopoulos, the CEO of AltNovel, expresses excitement about the collaboration with 3iQ, believing it aligns with their commitment to offering top-quality digital asset investment solutions.
- 3iQ, a Canadian pioneer in the digital asset management sector, has made history by being the first to introduce Bitcoin and Ethereum exchange-traded products, integrate staking into Ethereum ETPs, and launch the first Solana staking exchange-traded fund in Canada.
- Investors interested in diversifying their portfolios and seeking higher, risk-adjusted returns might want to consider the ADAP, designed for qualified institutional investors.
- The AltNovel Digital Access Portfolio (ADAP) could potentially serve as a stepping stone for investors looking to tap into the rapidly growing ICO market and other digital asset opportunities.
- The ADAP's cutting-edge offering underlines the significant role of technology, including blockchain and crypto, in contemporary finance and investing, emphasizing the need for diversification in ETFs and other investment strategies.
- The launch of the AltNovel Digital Access Portfolio (ADAP) signifies a significant shift in the Middle East's financial landscape and marks a promising future for digital asset investment and innovation.
