In a recent publication, Fundview reports Hauck & Aufhäuser Innovative Capital GmbH, one of the oldest German bank and Kapilendo Invest AG will launch a digital asset fund called HAIC digital asset fund I January. The partnership allows Hauck & Aufhäuser to manage the funds while Kapilendo becomes the crypto assets depository. the German bank will launch, HAIC, a digital currency funds to bring investors to crypto.
HAIC Digital asset funds create institutional and semi-institutional investors’ opportunities to invest in Bitcoin, Ether, Stelar, and other leading digital assets.
According to Holger Sepp, Member of the Board of Hauck & Aufhäuser;
“We see that digital assets and cryptocurrencies are becoming increasingly attractive to institutional investors. With the launch of our first crypto fund, we have created together with Kapilendo an innovative investment vehicle that enables our customers a cost-effective and secure access to the new asset class Krypto, while complying with the established quality standards and high standards of Hauck & Aufhäuser,”.
Jens Siebert, Chief Solution Officer of Kapilendo AG, also said: “The new HAIC Digital Asset Fund I is an exciting tech investment and designed as a portfolio addition for institutional investors. Kapilendo takes over the custody of the crypto assets for the HAIC Digital Asset Fund I. In its function as crypto depository, Kapilendo Crypto AG is integrated in all relevant interfaces of the asset servicing and technically seamlessly.”
There is no limit on the fund’s subscription period, and the investment fund charges as little as 2.05% of the total fund volume. the report also revealed a minimum investment of 200,000 Euro ($242000
Okereke has a passion for researching blockchain and cryptocurrency. He enjoys creating long form educational content to inform others on the opportunities in this space.