Bequant Introduces New Platform for Crypto Hedge Funds to Raise Capital
Bequant, a digital asset services firm, has recently unveiled a cutting-edge platform designed to facilitate capital introduction for crypto hedge funds and high-net-worth individuals (HNWIs). This platform, known as a prime brokerage service, allows institutional clients to allocate capital to traders and investors within the crypto space.
Specifically tailored for crypto hedge funds and asset allocators like fund of funds, family offices, and HNWIs, Bequant’s platform aims to provide essential services similar to those offered by investment banks and securities dealers to hedge funds. These services enable hedge funds to access securities and cash borrowing capabilities, ultimately helping them achieve a positive return on investment.
George Zarya, the CEO and founder of Bequant, emphasized the company’s commitment to leveraging its existing software and network within the crypto trading community to drive industry advancements. The launch of the capital introduction platform marks a strategic shift for Bequant, reinforcing its dedication to supporting funds across all stages of the asset management business.
In partnership with Fireblocks, Bequant has developed systems capable of managing assets across various liquidity pools, including centralized exchanges, decentralized exchanges (DEXes), and OTC liquidity providers. By utilizing Fireblocks, clients can securely lock their assets into DeFi smart contracts, gaining access to over $72.5 billion worth of locked liquidity in the DeFi space.
Notable figures in the industry, such as Ron Akram of Isla Capital and Chana Kanzen of the Digital Wealth Fund, have already utilized Bequant’s capital introduction platform. Kanzen praised the platform for connecting traditional finance professionals with the opportunities presented by the crypto sector, while Akram commended Bequant for bringing together a diverse group of reputable managers and allocators.
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