Southeast Asia’s first Bitcoin fund launches to meet local institutional demand By Cointelegraph
Home Business Southeast Asia’s first Bitcoin fund launches to meet local institutional demand By Cointelegraph
Business - March 9, 2021

Southeast Asia’s first Bitcoin fund launches to meet local institutional demand By Cointelegraph


Southeast Asia’s first Bitcoin fund launches to meet local institutional demand

The Malaysia-based BCMG Genesis Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region.

An announcement states the fund launched in response to a growing demand for institutional crypto products in Southeast Asia. The fund leverages an Artificial Intelligence (AI) powered blockchain-based platform provided by Calfin Global Crypto Exchang, which purports to offer increased security for customer holdings.