Japan-based financial services company SBI Group is launching a fund that includes 7 different cryptocurrencies. Fund; It consists of bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink and polkadot.
SBI Group announced 3 months ago that the company would create a crypto fund. In the announcement, the fund at the end of September was said to be launched, but funding officially 17 December also published. SBI has also prepared a detailed summary of the fund for those who are curious.
In the SBI press release, the fund’s “It is Japan’s first digital currency fund for general investors.” and “people’s nature of crypto assets and their He said he needed to fully understand the risks involved. ,
fund under the name SBI Alternative Found. The application process is between 17 December and 31 January will happen. In the statement, it is stated that the assets in the fund can be rearranged according to the progressing situation, but for now, each of them 20% It is stated that there will be an amount of or less. fund contract From 1 February 2022 to 31 December 2022 will be valid.
SBI Group has previously been in the crypto industry. Ripple partnership with British-based crypto services firm b2c2in 2019 to acquire . Boerse Stuttgard He made many attempts to establish partnerships with Japan’s strict stance towards crypto has seriously slowed down SBI’s initiatives.