Crypto investment companies 3iQ and Cryptonite launch structured investment tools in Switzerland
According to CoinDesk, cryptocurrency asset management company 3iQ has partnered with Swiss licensed institution Cryptonite Asset Management to launch the Active Management Certificate (AMC) product "3iQ Criptonite Multi Factor AMC". This hedge fund product adopts a long short strategy, dynamically capturing market opportunities for ups and downs, and is expected to be listed and traded on the SIX exchange in Switzerland. 3iQ was one of the first institutions to launch Bitcoin and Ethereum funds on the Toronto Stock Exchange. The CEO of Cryptonite stated that excellent fund managers in traditional markets are turning to the digital asset sector to achieve excess returns.