Morgan Creek Launches Cryptocurrency Index Fund, Excludes Pre-Mined Tokens

2018-8-30 09:52

The new crypto investment fund offers institutional investors exposure to 10 of the largest digital assets, excluding the pre-mined ones like Ripple’s XRP.

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New Morgan Creek Index Excludes ‘Pre-Mined’ Tokens Like XRP – But Not Ethereum

Morgan Creek Capital Management, the investment house with $1. 5 billion of assets under its wing, has refused to include Ripple in its new rules-based index fund. ‘A Lot Of Additional Risk’ As Forbes reports on the launch day of Digital Asset Index Fund August 28, Morgan Creek has opted to exclude any cryptocurrency with more than a 30 percent premine.

2018-8-28 19:00