Israeli Crypto Company Silver Castle Rolls Out Funds for Institutional Investors

Cryptovest

Published Nov 19, 2018 10:38AM ET

Updated Nov 19, 2018 11:41AM ET

Israeli Crypto Company Silver Castle Rolls Out Funds for Institutional Investors

Silver Castle, an Israeli crypto startup, has become the latest company to target institutional investors such as hedge funds with virtual currency-powered investment vehicles, Bloomberg reported over the weekend. The firm launched two digital coins-based funds earlier this month and will develop a third one by the year-end.

The first financial instrument tracks the top 5 cryptocurrencies by market capitalization with an algorithmic trading system. The fund was under in-house testing for several months. Currently, the top five includes This article appeared first on Cryptovest