Now trade the world’s 1st tokenized hedge fund – 24/7

September 9, 2019 | Digital Assets, Hedge Funds, News
https://dailyalts.com/wp-content/uploads/2019/09/bitcoin-3137984_1920-protos-tokenized-hedge-fund.jpg

Protos’ new project opened to public investors this month

The Protos hedge fund (PTRS) is open for business.

Crypto investors can now trade the fund’s tokens on the OpenFinance Network (OFN). OFN is an SEC-registered Alternative Trading System (ATS).

PRTS includes a portfolio of choice blockchain projects and digital assets. These assets include Bitcoin, Ethereum, Monero, Ada, XRP, and zCash.

According to company sources, the fund’s projects are highly liquid.

They are also suitable for investors cherry-picking the most desirable crypto assets issued until today.

Protos hedge fund tokens

Protos Asset Management raised the first compliant “tokenized” quant crypto fund named the PRTS token through an Initial Coin Offering (ICO) in 2017. Investors across the globe could buy the token with just $1.

The fund intends to provide “exceptional returns to investors through quantitatively trading portfolios of digitally native blockchain assets.”

Welcome 24/7 Trading

Because OFN is an ATS, it offers a host of advantages compared to traditional exchanges. These are faster, cheaper transactions and 24-hour trading.

The SEC has licensed the OFN to trade Reg D, Reg A+, Reg CF, and Reg S exemptions.

The OFN lists six security tokens currently.

The actively managed hedge fund declares its Fund NAV every month.

Its NAV for August 2019 was $0.60.

 

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2022/01/Bink-app-shot.png
FinTech: Lloyds To Acquire Stake In Loyalty App Bink
January 4, 2022     FinTech, News

Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that…

https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-22-29-49-Screenshot-Pawson-2.png
Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA
January 4, 2022     Digital Assets, News, Real Estate

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN)…

https://dailyalts.com/wp-content/uploads/2022/01/47752022922_e4569a2f0e_c.jpg
Alternative Investments/ESG: VegTech Invest Launches Plant-Based Innovation & Climate ETF

VegTech Invest advisory has launched the VegTech Plant-based Innovation & Climate ETF (Ticker: EATV), its first financial product. The ETF offers exposure to publicly traded companies actively innovating with plants…

https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-18-48-26-超·世界.png
Venture Capital: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn
January 4, 2022     Artificial Intelligence, News, Venture Capital

Chinese AI company Parametrix.ai has raised $100 million in a Series B round led by Sequoia China and joined by existing investors 5Y Capital and Gaorong Capital. Though the valuation…