Bequant Unveils New Platform for Crypto Hedge Funds and HNWIs
Digital asset services firm Bequant has recently launched a cutting-edge platform for crypto hedge funds and high-net-worth individuals (HNWIs). The platform, called the capital introduction platform, will allow Bequant to allocate its capital to traders and investors who use the platform. Designed specifically for crypto hedge funds and asset allocators such as fund of funds, family offices, and HNWIs, the platform aims to provide prime brokerage services.
Prime brokerage services are typically offered by investment banks, wealth management firms, and securities dealers to hedge funds. These services enable hedge funds to borrow securities and cash, enabling them to make investments and generate substantial returns.
George Zarya, the CEO and founder of Bequant, expressed his enthusiasm about the new platform, stating, “Our goal is to leverage the software and network we have established within the crypto trading community to achieve significant milestones in the industry.”
Bequant also announced its partnership with Fireblocks, a leading technology provider. The firm has developed systems that manage assets across various liquidity pools, including centralized exchanges, decentralized exchanges (DEXes), and over-the-counter (OTC) liquidity providers. By utilizing Fireblocks, Bequant allows its clients to lock their assets into DeFi smart contracts and access the liquidity currently locked in DeFi platforms, which is valued at over $72.5 billion.
The Bequant capital introduction platform has already garnered positive feedback from industry professionals. Ron Akram, co-founder and co-managing principal of hedge fund Isla Capital, and Chana Kanzen, from the Digital Wealth Fund, have both utilized the platform and praised its effectiveness. Kanzen commented, “It has been fascinating to connect with individuals from the traditional finance sector who are keenly interested in the opportunities offered by the crypto space.” Akram added, “I am highly impressed with how Bequant has successfully brought together a diverse group of managers and allocators.”
Bequant’s launch of the capital introduction platform is seen as a strategic move to reinforce its commitment to supporting funds in all stages of the asset management business. The firm aims to capitalize on its existing network and expertise within the crypto trading community to further advance the industry.
Follow Bequant on Google News to stay updated with the latest developments in the field of cryptocurrency.
