Digital Hedge Fund SMS Crypto Management to Concentrate on Crypto Currency After Announcing a Record 2017
LONDON, September 12, 2018 /PRNewswire/ --
FCA-regulated fund Dynamic Capital announced today that they would be restructuring the business, renaming it SMS Crypto Management in order to concentrate on the emerging crypto currency markets.
Last year the company posted Rickel returns to investors averaging over 53% per client. The company are looking to invest more time and money in the ever-growing digital currency sector.
Newly appointed managing director William Thompson issued a statement declaring, "Within the next couple of years, the digital crypto currency market will be regulated, which is something we welcome. We would like to use our status as an FCA-regulated fund to lead the way in this very exciting emerging market."
SMS Crypto Management use state-of-the-art technology that allows them to identify trends in historical data and purchasing patterns in order to buy and sell crypto currency at the most opportune time. This technology enabled SMS Crypto to see profits of over 20 million pounds last year and has also culminated in a move towards focusing solely on digital currency in the future.
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