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.
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Source: Coindesk.com