Cross Light Capital and Affin Bank launch digital asset fund
Golden Finance reported that Cross Light Capital and Affin Bank announced the launch of a digital asset fund, which is reportedly an actively managed fund that seeks to enter the digital asset field through exchange-traded funds (ETFs) and exchange-traded products (ETPs). Affin Bank will distribute the Cross Light Capital Performa Digital Asset Fund through its banking solution Affin Invikta. The Performa Digital Asset Fund intends to invest in Bitcoin, Ethereum and blockchain-related companies through publicly listed investment vehicles. It is reported that the fund will invest one-third in Bitcoin ETP, one-third in Ethereum ETP, and the rest in blockchain-related stocks.
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