Portuguese fund manager Fundbox has partnered with European cryptocurrency investment platform Kvarn X to launch the Kvarn Portugal fund, which allocates 80% of its assets to bitcoin and 20% to the CoinDesk 20 index.
The minimum investment in the fund is 100,000 euros, with a management fee of 0.05% and a subscription fee of 2.5%. Investors who wish to obtain residency through the Portugal Golden Visa Program need to invest at least 500,000 euros and live in Portugal for at least 35 days within 5 years. The subscription period of the fund will last until February 2027.
Portugal launches cryptocurrency investment fund KvarnPortugal, allocating 80% of its assets to bitcoin
2025-02-11 14:13:13
Portugal fund management company fundbox Europe crypto currencydesk3cryptocurrencydesktopCrypto News
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