2019-3-26 11:01 |
Coinspeaker
Kintaro Capital Receives License from Malta Financial Services Authority as a Private Investment Crypto Fund
Cryptocurrencies like Bitcoin, Litecoin, and Ethereum (and other altcoins) continue to make headlines and attract new investments, but they are still considered high risk and are speculative at best. That’s because cryptocurrency is only a decade old at this point, and is not (by its nature) backed by any government like fiat currency is. This makes it a new industry in a highly unregulated space, and that creates risk.
But that doesn’t mean you can’t make a lot of money with cryptocurrency? Many people do and it’s the potential to make a lot of money quickly that is attracting investment fund investors. Kintaro Capital are one of them.
Kintaro Capital is actually one of the first EU crypto funds who received their license from the Malta Financial Services Authority (MFSA), licensing it as a Private Investment Fund (PIF) for cryptocurrencies and listed equities.
The licence allows Kintaro clients to invest in strategic alternatives to fiat based instruments. Malta complies with all EU financial and regulatory laws governing investor protection and financial instruments, pointed out a press release from the company.
They said that Kintaro’s ‘Digital Innovation Fund’ will invest in a portfolio of selective crypto-assets and exchange-listed equities.
Malta as the World-Renowned Innovative Financial CentreMalta recently came to an ideal position to be a not only a European but why not, also a world-renowned innovative financial center. Having cryptocurrency investment funds would allow investors to gain exposure whilst being in a regulated environment.
To a certain degree, having a regulated structure would give investors peace of mind that the parties involved in the daily running of the operations are regulated and subject to prudential regulatory requirements.
The fund could be structured to have various objectives, such as combined capital for mining equipment, or to gain direct exposure to cryptocurrencies or both. Such types of funds would be a high yield investment program which would combine high risk and high reward.
Cryptocurrency investment funds are the next generation of collective investment schemes. Now is the right time to discuss how such structures can be implemented.
Dr. Mervyn Maistry. CEO & Founder, Konfidio and Kintaro Capital said:
“We’re thrilled to be one of the first crypto funds licensed by an EU Financial Services Authority, with explicit investor protection. Our thorough approach to building a team with over 100 years of investment research and portfolio management experience has paid off.
Kintaro Capital is uniquely placed to service the investment needs of long term future thinking investors.”
Kintaro Capital leverages three years of crypto-economic experience. Through their token research and data analytics expertise, the fund targets high yields in the blockchain sector. The fund is administered by SGGG Fexserv Fund Services (Malta) Ltd., responsible for the administration of over 220 alternative strategy funds, together with Fexserv Financial Services, a leading company in the financial services industry.
Their investment committee consists of arguably the most experienced team in the space; a mix of traditional hedge fund managers, FX and fixed income managers, experienced VCs and early blockchain adopters.
With Mervyn Maistry as the Chairman of the fund,there is also a prominent Board member, Mr. Brendan Robertson who lends the fund his impressive background as Head of Portfolio Solutions at Kieger AG. With 20 years of experience in asset management, Brendan has a proven track record of sound investment practice and strategy.
As part of the Konfidio family, Kintaro utilizes the venture studio’s position within the Berlin ecosystem. Konfidio’s work for governments and Fortune 500 companies adds to the blockchain knowledge base of the fund. Their Token Advisory LLC practice provides additional insight into regulated crypto fundraising.
Kintaro’s ‘Digital Innovation Fund’ will invest in a portfolio of selective crypto-assets and exchange-listed equities. The fund can accept up to €100,000,000, and is targeting €10,000,000 in 2019. It’s open to Qualified Investors under the MFSA PIF regime with the minimum investment threshold of €100,000 or equivalent.
Kintaro Capital Receives License from Malta Financial Services Authority as a Private Investment Crypto Fund
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