Glafka Capital, an FCA-authorised alternative investments fund manager, has launched a digital currency arbitrage hedge fund which will be hosted on a VALK Corda powered platform. Investors in Glafka’s Starboard Digital Strategies will benefit from a fully institutional grade hedge fund, with a strategy that ‘taps on the opportunities generated by the extreme volatility in digital currencies and transforms them to uniquely high market neutral returns with low standard deviation’. The fund draws on the expertise of Glafka’s Digital Assets Group, ranging from derivatives trading, blockchain development, risk management and regulatory compliance.
Thanks to VALK’s digital infrastructure, institutional investors can register, qualify and purchase completely online in a few clicks. Glafka and Valk are working on offering secondary market opportunities for Glafka’s digital products, unlocking opportunities in market liquidity thanks to the interoperability VALK enables through its Corda-powered technology.
“We are very excited and proud to see the first crypto arbitrage hedge fund launched on a VALK platform. Our partners at Glafka are pioneers in the industry, having already run hundred million dollar private equity transactions on VALK, they are now taking it to the next level with the launch of this truly ground-breaking fund,” says Antoine Loth, Co-Founder, VALK. “They’re likely the first to bridge the gap between traditional and digital fund management and secure a significant competitive advantage in a market that is quickly transforming. We can’t wait to see investors make the most of the hassle-free subscription and rapid liquidity features made possible by the Corda-powered VALK platform.“
Petros Mylonas, Co-Founder, Glafka Capital, says: “The launch of Starboard Digital Strategies underpins Glafka Capital’s ambitious foray into digital asset management services, looking to unleash the vast investment opportunities in this emerging space. After embarking on significant investments in both human capital and proprietary technological solutions, we are now proud to offer our clients a unique product that captures lucrative returns by harnessing digital currencies’ high volatility. Our Digital Assets Group is working on bringing new, exciting products to the market, always benefitting the trust allowed by an institutional grade set up and FCA’s regulatory perimeter. Our partnership with VALK moves to a new phase with the unique advantages of the Corda blockchain network.”
