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Komfie Manalo, Opalesque Asia: Apis Capital Management unveiled its Apis Token which aims to tokenize the returns from its flagship hedge fund, the ACM Market Neutral Volatility Strategy Fund to allow US (accredited) and foreign investors to benefit from the profits of the ACM Strategy, without any subscription/redemption restrictions, minimum investment limits or management fees.
It said that the Apis Token will enable investors to profit from an actively managed investment strategy, which has returned over 40% per year since inception in 2016, while benefiting from the liquid and tradeable nature of blockchain-based tokens.
Dr. Edgar Radjabli, Managing Partner of Apis Capital Management, commented, "One major advantage is that investors own and control their token and can buy or sell them at any time, which is very different from our standard fund management model which requires lockup periods."
The token will begin its private presale this June, is built using the Stellar network and leverages its state of the art blockchain technology that benefits from best in class speed, efficiency, security and lowest transaction fees. With this initiative, Apis said it would be leading the industry in democratizing hedge fund investing.
Apis Tokens will be tradeable through the StellarPort Exchange and White Company Capital, which is an investment platform designed for cryptocurrency holders who wis...................... To view our full article Click here
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