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Halogen Capital launches actively managed crypto fund with 70% ETH available for Ethereum network verification

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2024-05-28 05:44:39
Digital fund management company Halogen Capital has announced the launch of the actively managed crypto fund Halogen Shariah Crypto Titans Fund (HSCTF), which aims to invest between 70% and 100% of its net asset value in at least four Shariah-compliant digital assets by investing heavily in a basket of Shariah-compliant digital assets traded on digital asset exchanges (DAX) licensed by the Securities Commission of Malaysia (SC), according to the fund's information memorandum. In addition, up to 70% of the ETH held by the fund is used for Ethereum network verification activities.
Halogen Capital, a digital fund management firm launched by Hann Liew and Lucas Ooi, co-founders of Malaysian fintech firm Jirnexu, will have its clients' assets protected through a trustee registered with the Securities Commission of Malaysia (SC).
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