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Chainalysis, the blockchain data platform, is expanding its long-standing partnership with NYDIG, a technology and financial services firm, to execute a purchase of bitcoin for the firm’s balance sheet.
NYDIG played a critical role in enabling Chainalysis to buy and custody bitcoin, a move that demonstrates Chainalysis’ long-term investment strategy in the cryptocurrency space. Chainalysis has been NYDIG’s compliance technology partner since 2018.
“Our expanding partnership with Chainalysis is a mutually beneficial relationship,” says Patrick Sells, NYDIG Chief Innovation Officer. “Chainalysis has long been building trust in the cryptocurrency ecosystem, and this investment shows their belief that digital assets
Caroline Heal has joined Maples and Calder, the Maples Group’s law firm, as a Funds & Investment Management Partner in its Cayman Islands office.
Heal brings extensive experience in the structuring, formation and operation of offshore hedge funds, private equity funds and investment fund platforms. She advises a wide range of asset managers and financial institutions and has been recognised for her expertise by The Legal 500.
Heal will be an integral member of the firm’s top-tier Cayman Islands Funds & Investment Management team where she will also collaborate closely with lawyers and professionals across the firm’s global practices in
Cboe Global Markets, Inc (CBOE), a provider of global market infrastructure and tradable products, has entered into a definitive agreement to acquire Eris Digital Holdings, LLC (ErisX).
ErisX operates a US based digital asset spot market, a regulated futures exchange and a regulated clearing house. Ownership of ErisX presents a unique opportunity for Cboe to enter the digital asset spot and derivatives marketplaces through a digital-first platform developed with industry partners to focus on robust regulatory compliance, data and transparency.
Founded in 2018, ErisX was designed and built with regulatory compliance and operational integrity at the fore. Its spot
Professional services firm JTC has acquired perfORM Due Diligence Services (perfORM), a provider of due diligence services to a diverse base of UK and international asset allocators and investment managers.
Launched in 2019, perfORM was set up as an Operational Due Diligence (ODD) business to provide solutions to asset allocators (including pension funds; wealth managers; family offices; fund of funds; asset managers; and endowments) across private credit, private equity, real estate, infrastructure, hedge, crypto and digital assets, and long only funds.
This acquisition forms part of JTC’s ongoing strategy of continuously developing its well-established fund solutions capability to add
Hedge fund managers looking to attract allocations from institutional allocators will need to take several proactive steps – including increasing their levels of disclosures and education – if they are going to build trust among prospective investors.
US investment consultant, Meketa Investment Group, is looking for hedge fund risk mitigation and diversification strategies, as it looks to de-risk client exposure to directional equities.
Alternative data specialist QuantCube Technology, has launched the QuantCube Crude Oil Risk Sentiment Indicator. By processing sentiment data in relation to crude oil in Arabic as well as English, QuantCube has created the most comprehensive real-time indicator available for the commodity.
By employing social media analytics in both Arabic and English, alongside QuantCube’s proprietary Natural Language Processing algorithms and a specific dictionary tailored for the crude oil market, the QuantCube Crude Oil Risk Sentiment Indicator is able to accurately capture short-term risks in the market. It processes multiple factors impacting crude oil prices in real time, including OPEC meetings,
A new study (1) reveals over half (53 per cent) of professional investors believe that over the next two years, institutional investors will look to dramatically increase the level of diversification in their portfolios, and a further 40 per cent think there will be a slightly greater focus on this.
Nickel Digital Asset Management (Nickel), a European investment manager dedicated to the digital assets market, commissioned research with institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who collectively have USD275.5 billion in assets under management.
As part of their plans to diversify, the majority
Komainu, a regulated digital asset custody services provider built by institutions for institutions, has entered into a Memorandum of Understanding (MOU) with Crypto Garage, a regulated Japanese crypto assets service provider and global investment bank Nomura Holdings (Nomura) to explore leveraging Komainu’s custody infrastructure to provide digital asset custody services to institutional customers in the Japanese market.
Henson Orser, Komainu’s President and Acting CEO, says: “We are excited to enter into this agreement with Crypto Garage to explore bringing our institutional-grade custody services to an underserved market in Japan. The evolution of digital assets is changing the financial ecosystem and
Abraham Trading Company (ATC), a hedge fund manager with a 33-year investment track record, has launched its first mutual fund today. The firm converted its private hedge fund, the Abraham Fortress Fund LP, into an SEC-registered mutual fund as of Thursday, 14 October.
“Every investor deserves institutional-quality investments,” remarks Salem Abraham, ATC president. “As a company with over three decades in the investment space, the mutual fund conversion allows us to share our 33 years of experience with both retail and institutional investors alike.”
The firm began in January 1990 as a commodity futures investment company, building a managed
