Blockchain is a world-changing technology, but it still has a long way to go before becoming the de-facto way of managing wealth around the globe. Today, Token-as-a-Service announces the launch of a newly-established TaaS Capital Fund, which aims to bring us a step closer to that future.
TaaS Capital Fund is an open-end investment fund which exclusively operates in the blockchain environment, but accepts contributions in both blockchain and non-blockchain funds. What this means is that TCF could be a great opportunity for traditional investors to participate in the rise of distributed ledger technology (DLT) markets, minimizing risks and challenges associated with it.
TCF is established on the success of Token-as-a-Service, the world’s first tokenized closed-end blockchain fund, that has started operating in 2017 and since then provides owners of the TAAS token with a safe and easy way to participate in blockchain markets. The newly launched TaaS Capital Fund is built on the same principles of blockchain wealth management, but on a much larger scale due to its accessibility for traditional investors.
TaaS has recently reported a 780% annual growth in assets. The TAAS token, which is currently listed on Bancor, Livecoin, CoinExchange and other platforms, is outperforming both Bitcoin and Bitcoin/Ethereum benchmarks. During this time Token-as-a-Service has participated in 35 token sales and executed over 50 thousand sales. As the owners of the TAAS token are entitled to quarterly payouts, Token-as-a-Service has distributed more than 16M USD(T) to its contributors in the last 12 months.
Ruslan Gavrilyuk, the President of TaaS Capital Fund, says that the newly launched fund will attract institutional and individual investors who are seeking to diversify into the blockchain markets and build on the success of Token-as-a-Service:
Established by an international team of experienced traders and investment professionals, TaaS Capital Fund is opening subscriptions to provide a secure, transparent and efficient gateway to institutional and individual investors seeking to diversify into the DLT markets.
How TaaS Capital Fund plans to deliver a transparent, secure and efficient way of participating in the DLT markets? It will utilize its in-house techniques and expertise that allowed Token-as-a-Service achieve high performance.
The fund’s mission is ‘to lift various financial and technical challenges’ associated with blockchain markets. Token-as-a-Service cites lack of transparency and reliable market data, immature infrastructure and high volatility as reasons for traditional investors to ignore blockchain opportunities — even though DLT assets can replace traditional finance in the future.
To solve this, TaaS Capital Fund offers its stakeholders a significant amount of wealth management tools. For example, TCF investors will be able to take advantage of active portfolio management, hedging instruments, broadened investment latitude and algorithmic trading. The fund focuses on spot trading of tokens, algorithmic trading and investing in DLT assets with high network growth.
An in-house asset validation tool called Cryptographic Audit will ensure transparency by providing both stakeholders and members of general public with snapshots of trading history and portfolio balances. As for the analytics, they will be taken care of by the Kepler intelligence platform, which offers market research and risk management tools.
The team behind TaaS Capital Fund aims to achieve a high standard of security with its multi-layer and multi-signature security protocols. The fund will provide a two-factor and a three-factor authentication, support of multi-signature wallets and continuous maintenance.
TaaS Capital Fund will be monitored by GPMP, a blockchain investment platform based in Luxembourg. This way the Fund will take advantage of various legal procedures that will ensure security and trust for the participants, including KYC/AML compliance.
TaaS Capital Fund aims to attract diverse types of investors, as it offers subscriptions in distributing and accumulating share classes, in fiat currencies, as well as digital assets. The minimum investment amount is currently set at EUR 100,000 (or its equivalent in blockchain assets).
You’ll be able to find more information on the fund and subscribe to its mailing list on TaaS Capital Fund website. The team will start to accept subscriptions starting July 1, 2018, so don’t forget to check this date in your calendar app.