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Laxman Pai, Opalesque Asia: Malta-based Kintaro Capital has become one of the first EU crypto funds to receive its license from the Malta Financial Services Authority (MFSA), licensing it as a private investment fund (PIF) for cryptocurrencies and listed equities.
The formal approval of its PIF license from the MFSA makes Kintaro Capital, a venture of the Konfidio blockchain studio, one of the first regulated crypto funds for qualifying investors under Maltese law.
The licence allows Kintaro clients to invest in strategic alternatives to fiat based instruments. Malta complies with all EU financial and regulatory laws governing investor protection and financial instruments, pointed out a press release from the company.
Kintaro's 'Digital Innovation Fund' will invest in a portfolio of selective crypto-assets and exchange-listed equities, it added.
Dr. Mervyn Maistry CEO & Founder, Konfidio and Kintaro Capital said: "We're one of the first crypto funds licensed by an EU Financial Services Authority, with explicit investor protection. Our thorough approach to building a team with over 100 years of investment research and portfolio management experience has paid off."
Kintaro Capital leverages three years of crypto-economic experience, he said. Through their token research and data analytics expertise, the fund targets high yields in the blockchain sector.
The fund is administered by SGGG Fexserv Fund Services (Malta) Ltd., responsible for the...................... To view our full article Click here
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