Cross Light Capital and Affin Bank Launch Digital Asset Fund
2024-06-10 03:31:13
Cross Light Capital and Affin Bank have announced the launch of the Digital Asset Fund, an actively managed fund that seeks to enter the digital asset space through exchange-traded funds (ETFs) and exchange-traded products (ETPs). Affin Bank will distribute the Cross Light Capital Performa Digital Asset Fund through its banking solution, Affin Invikta. The Performa Digital Asset Fund intends to invest in bitcoin, ether and blockchain-related companies through publicly traded investment vehicles. It is reported that the fund will invest one-third in bitcoin ETPs, one-third in ethereum ETPs, and the remaining part in blockchain-related stocks.
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