Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital

Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital

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Source: Coindesk.com

Xapo Bank and Hilbert Capital, the asset management arm of Swedish investment firm Hilbert Group (HILB), plan to manage a bitcoin (BTC)-denominated hedge fund with an initial capital of $200 million.

The fund, set to launch in September, will be available to corporates, businesses and professional investors, according to an announcement on Tuesday.

Read More https://www.coindesk.com/business/2024/08/27/crypto-bank-xapo-to-manage-200m-bitcoin-denominated-hedge-fund-with-hilbert-capital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital" appeared first here Coindesk.com.

Source: Coindesk.com

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