Victory Capital Enters Cryptocurrency Market - Official.
2021-06-09 | Eddy Morgan
Victory Capital is
getting ready to enter the cryptocurrency market via its personal fund for accredited investors
that will track the Nasdaq Crypto Index [NCI].
The Texas-based company [NADAQ: VCTR] also revealed its plans to launch private funds tracking the Nasdaq Bitcoin Reference
price level as well as the Nasdaq Ethereum
price level, which it
added earlier today on Wednesday.
Victory Capital is launching the products in collaboration with digital asset manager Hashdex. Brazil-based Hashdex developed the NCI with Nasdaq
to assist foster institutional interest in virtual assets.
Earlier also, it offered index-tracking
cryptocurrency funds to non-United States accredited investors in a partnership.
The new partnering with Hashdex
to offer such cryptocurrency funds makes [Victory Capital] "the exclusive sponsor
of personal placement funds and other vehicles for United States investors," consistent with the official announcement.
Leave a comment
Your email address will not be published. Required fields are marked *
