Digital asset services firm Bequant has launched a capital introduction platform for crypto hedge funds and high-networth individuals (HNWIs).
Bequant has a prime brokerage service for institutional clients said using the platform it will allocate its capital to traders alongside investors using the platform.
The platform is designed for crypto hedge funds and asset allocators such as fund of funds, family offices and HNWIs, said the firm.
Prime brokerage includes services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash to be able to invest and achieve an absolute return.
“Our goal is to capitalise on the software and network we’ve built within the crypto trading community to achieve new milestones in the industry,” said George Zarya, CEO and founder of Bequant.
Bequant said launching the capital introduction platform is a “strategic pivot” reinforcing its commitment to supporting funds in all cycles of asset management business.
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