Bitcoin Hedge Fund Launch 15 May 2014New York Reporter: Tammy Facey
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Coin Capital Management has launched a Bitcoin hedge fund, Coin Capital Partners, with SS&C Technologies.
Based in New York, the venture will provide institutional investors with an opportunity to buy and hold the cyrptocurrency.
SS&C will supply fund administration for Coin Capital, which is audited by KPMG.
Samuel Cahn, Coin Capital partner, said: “We will allow traditional hedge fund investors to take a long-term bullish stance on the value of the Bitcoin.”
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