Crypto Asset Manager Bitwise puts polygon (Matic) find

Veröffentlicht:

Von:

The digital asset management company Bitwise Asset Management based in San Francisco has announced the laying down of its Bitwise Polygon (Matic) Fund.

According to an official press release, with. Divided crypto potato , the fund is used as a professionally managed investment tool that enables the wealthy customer of Bitwise Access to Matic, the native cryptocurrency of the polygon network.

The company found that only accredited Bitwise customers can qualify for private placement drawings of the new product with a minimum investment of $ 10,000 and weekly returns.

a rising star

Matt Hougan, Chief Investment Officer at Bitwise, commented on the development and said that the company decided to lay a fund for Matic, since polygon has made the breakthrough in solving the inability of Ethereum when solving the most promising application cases of cryptocurrencies, including defi.

"For years the excitement for the most promising application cases of crypto, including Defi and NFTS, has been steamed by the fact that Ethereum is simply not yet designed to manage everything. Many work on Ethereum competitors, but polygon has a uniquely complementary solution that increases the speed and efficiency of Ethereum, a breakthrough achieved.

investors asked for this aspiring star. With the start of the new Bitwise Polygon Fund today, we are pleased to continue to help investors get access to the growing possibilities of cryptocurrency. ”

While the network continues to grow, Polygon has welcomed top defi and NFT projects, including OpenSea and Aave , to his ecosystem. The exorbitant gas fees and scalability problems with which the Ethereum blockchain is confronted have initiated these protocols for this step.

Sandeep Nailwal, co -founder of polygon, also commented on the milestone with the words:

"We are pleased that a broader spectrum of accredited and institutional investors can now invest in the MATIC token and thus contribute to the further development of the polygon ecosystem. Polygon has become one of the most important components of web3. Admission to the Fondspallette of BitWise is a great indicator for our previous work and our progress."

MATIC Public

BITWISE is also looking forward to making the polygon find public under the ticket "OTCQX" if and if it is justified. In addition, the Coinbase Custody Trust Company, LLC acts as a custody of the Bitwise Polygon Fund.

The asset manager currently has an managed assets (AUM) of over $ 1.5 billion and had published several other funds at the beginning of the year, including the Bitwise Uniswap Fund, Bitwise Defi Crypto Index Fund and more.

.