Nasdaq listed fintech service provider, Future Fintech’s subsidiary, Future Fintech Digital Capital Management Launches A Cryptocurrency-based hedge fund.
The investment wing of blockchain, and e-commerce financial technology service provider, Future Fintech, known as Future Fintech Digital Capital Management – as made public by its parent company – on the 18th of March, launched a cryptocurrency oriented hedge fund. In what is probably a step forward for the institutional adoption of cryptocurrencies, the investment management company will now offer digital asset based investment products to its clients.
The investment firm’s management team has a collective 25 years of experience in the fields of wealth management and trading. They cut their teeth, trading for illustrious financial juggernauts, JP Morgan, and Goldman Sachs. Marc Dai, the fund manager, alone has 15 years experience trading energy and commodity futures for JP Morgan.
“The launch of FTFT Digital Number One US LP [the firm’s crypto hedge fund,] is our first step in expanding our business into the cryptocurrency asset management sector. We believe that cryptocurrency assets will play an increasingly important role in the global economy in the future and become an Indispensable component in asset allocation.” – Sean Liu, Chief Operating Officer, Future FinTech Group.
