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6M authorised to provide AIFM services to crypto funds

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6 Monks (6M) has been granted authorisation by the Luxembourg Financial Regulator, the Commission de Surveillance du Secteur Financier (CSSF), to provide Alternative Investment Fund Management (AIFM) services to third-party funds investing in Web3 and crypto assets.

The Luxembourg-based firm is the first independent AIFM authorised by the CSSF to provide these services and one of the first AIFMs authorised for crypto-assets in the EU.

6M will provide services including portfolio management, fund administration and regulatory compliance, dedicated to third-party funds seeking to implement investment strategies in Web3 and crypto-assets through regulated investment vehicles benefiting from the European passport.

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