Hashdex Attracted $117.9M in Crypto Multi-Assets ETP Within First Half of 2022
- According to the company’s website, Hashdex is trusted by over 260,000 global investors as of April 22, 20222.
- Additionally, the crypto asset manager claims to have $750M in AUM as of April 4, 2022.
A global crypto asset management company, identified as Hashdex, has announced that its Exchange Traded Products raked over $117.9 million in funding from multinational investors within the first six months of 2022. The Fintech firm made this disclosure in a statement relayed on Wednesday.
Notably, Hashdex developed the ETPs that function by monitoring multiple-asset variables of cryptocurrencies.
Hashdex Delves Deeper into Crypto Market
Reportedly, the aggregate funds gathered by this protocol within the last six months appear higher than the total amounts raised by its competitors in terms of crypto multi-assets ETPs. To date, the firm provides about six ETFs enveloped in a Brazilian stock exchange.
This, as reported, includes HASH11, a replica of the Nasdaq Crypto Index. Notably, the crypto asset management company co-founded this NCI technique in a bid to standardize the investment-oriented cryptocurrency market.
Today, the NCI offering by the firm is ranked as the second biggest ETF on the exchange. Reportedly, it enjoys the loyalty of over 149,000 investors. More so, the product, as reported, recorded over $79 million within the last six months.
The Product and Technology official in Hashdex, Samir Kerbage, expressed the excitement of his team to secure the interest of investors in the offerings by the firm. According to Kerbage, such development speaks volumes of the firm’s commitment to availing better investment techniques to its global investors within the cryptocurrency space.
He further states that his team achieves the feat by initiating reliable and streamlined enablers within the various sections enveloped in the cryptocurrency ecosystem.
Kerbage remarked that Hashdex’s offerings still enjoy increasing patronage and loyalty by present and fresh investors in spite of the dwindling market conditions. This, according to him, reaffirms the stricture of the firm that cryptocurrencies will linger till the end of time. Also, the official hinted that investors have chosen to take advantage of the prevailing crypto winter in repositioning themselves toward the future.
Reportedly, the development underlines the unrelenting efforts toward fostering its global expansion. It has been able to push the commitments by unveiling highly creative offerings. Recall that the company recently unveiled its first European offering, identified as the Nasdaq Crypto Index Europe. Worth noting that the offering is run on Six Swiss Exchange.
As designed, the offering functions by measuring the operation of the whole crypto market. Reportedly, it also reflects on the listing criteria of the ETP on identified exchanges in Europe. Furthermore, the NCIE offering is highly fragile and can be monitored by European investors. According to findings, Laurent Kssis, and Benjamin Ittah currently handle the firm’s operations in Europe.
According to the company’s website, Hashdex is trusted by over 260,000 global investors as of April 22, 20222. Additionally, the crypto asset manager claims to have $750M in AUM as of April 4, 2022.