Le Lézard
Classified in: Science and technology, Business
Subjects: TDS, FVT

Hedge Funds Joining the Crypto Party: 2018 Crypto Hedge Fund Summit to open on 27 July 2018


NEW YORK, July 22, 2018 /PRNewswire/ -- The high level of uncertainty and low level of market liquidity have made cryptocurrency investments more sensitive to market cycles, riskier to trade and more appealing to hedge funds. The bare beginning of 2018 does not scare the investors, however highlights crypto's ability to make money through volatility.

More players are entering.

Since the beginning of last year, an increasing number of traditional hedge funds are adding cryptocurrencies into their portfolios. With the large swings of the cryptocurrencies' market, some of those risk-taking hedge funds are celebrating more than 1000 percent return. Altana Digital Currency Fund claimed an outstanding 1,496% return in 2017.

More traditional asset management firms are also starting to explore the market. Last week, the world's largest asset manager ? Blackrock, announced it had assembled a working group analysing and researching the technology of blockchain and the trading of cryptocurrency. The statement immediately set off a Bitcoin price surge as Blackrock's interest in cryptocurrency acts as an endorsement for the market.

Recognizing the trend, Trade Terminal, a leading cryptocurrency trading provider, partnered with Liaoyuan, the Boston-based Entrepreneurship and Venture Capital service firm, decided to initiate the 2018 Crypto Hedge Fund Summit, inviting experts and key influencers in the crypto hedge industry to sit down and discuss the current status and future investing trend in the cryptocurrencies market.

"The crypto market is growing so fast," said Chen Li, CEO of Liaoyuan. "But there are still legal and technical concerns limiting the fund managers from moving further. They need an opportunity to set things straight."

Spark Block chain Incubator, Merkle Data, Jinse Finance, U.S. Blockchain, Vatic Labs, SVinsight, Futuremoney, Cointime, Continue Capital, MainNexus Capital, Calculus, and Blockchain Without Borders Summit Committee, immediately joined as strategic partners inviting industry key players, sharing research results, and aiming to further stimulate the discussion on crypto in the hedge fund industry.

The summit is scheduled on 27 July 2018 at The New York Marriott Downtown. BlackRock, BitSpread, BlockTower, Two Sigma Compass, Trade Terminal, Vatic Labs and 20 more agencies have confirmed to attend the summit. In total, more than 200 industry experts, researchers and managers will attend and discuss the recent trend in how hedge fund managers should evaluate and invest in this market.

The summit would not only be valued as the first crypto summit on the secondary market, but also the first summit that are open to independent investors.

The panels and keynote speeches will discuss the current market, the difficulty of ICO, the difference of crypto and traditional investments, and the lack of infrastructure in crypto investing.

It will also share the most recent research findings on the cryptocurrency trading and address how secondary investors can break through the technical barriers and better understand the blockchain technology.

The popularity of the summit marks the continuous growing of the cryptocurrency market and the discussion would likely attract more traditional hedge funds to consider include cryptocurrencies as a new alternative investment.

SOURCE U.S. Blockchain


These press releases may also interest you

at 06:35
Fifth Third Bancorp :                     Key Financial Data             Key Highlights          ...

at 06:34
Baozun Inc. ("Baozun," the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced the appointment of Ms. Catherine Zhu as Chief Financial Officer, effective immediately. Mr....

at 06:30
PermRock Royalty Trust (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of April 30, 2024, and payable on May 14, 2024, in the amount of...

at 06:30
OKX, a leading crypto exchange and Web3 technology company, has issued updates for April 19, 2024. OKX Lists Merlin Chain's MERL...

at 06:30
Q1 Results Highlighted by Sustained Deposit and Loan Growth and Strong Credit Quality 2024 First-Quarter Highlights: Earnings per common share (EPS) for the quarter were $0.26, higher by $0.11 from the prior quarter, and lower by $0.13 from the...

at 06:26
Baozun Inc. ("Baozun," the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with...



News published on and distributed by: