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Fund services news

Bitcoin Hedge Fund Launch


15 May 2014 New York
Reporter: Tammy Facey

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Image: Shutterstock
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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