Bitcoinist spoke with Viktor Shpakovsky and Vladimir Smerkis, the founders of The Token Fund, which allows investors an easy portal into the world of cryptocurrency trading, investment, and management.
Bitcoinist: Tell us about The Token Fund in your own words. What makes The Token Fund similar to other funds and in what ways is it unique?
Vladimir: We launched The Token
Fund in March 2017. Over the past five months, the portfolio under our
management has reached about $2 million USD, and our performance updated
to the date is 380% in USD. The model here resembles that of classic
ETFs (exchange-traded funds), something that for the past 20 years has
remained one of the most popular tools for both institutional and
private investors, primarily due to the entry and exit features.
Just
like with shares in traditional ETFs, investors of The Token Fund buy
the fund’s tokens (TKN), paying in BTC and ETH. The price of tokens
depends on the size of the assets in the fund’s portfolio.
Viktor:
Higher liquidity of our investments sets us apart from a number of
hedge funds on the cryptocurrency market. We have decidedly done away
with entry barriers that have hampered consumers in the past. At The
Token Fund, there are no requirements for minimum investment sizes or
onerous terms. To join our ranks, all one needs is some BTC or ETH in
his or her wallet. That is also where the funds will be returned
whenever one decides to exit the fund if they choose to do so.
Read More: http://bitcoinist.com/interview-with-token-fund-the-etf-alternative-for-cryptocurrency-investing
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