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World’s First Tokenized Hedge Fund Launches on Stellar Blockchain

Apis Token has launched on the stellar network blockchain raising $1.7 million in an Initial pre-sale. By leveraging the Stellar Network the token stands to benefit from best in class speed, efficiency, as well as security and low transaction fees.

ACM Strategy                                                                           

The tokenized hedge fund looks to benefit from the profits of the ACM market Neutral Strategy Fund. The strategy is unique in that it combines two quantitative methods that allow people to profit when the market is going up, and when it is going down.

According to the firm, the strategy has posted annualized returns of almost 80% over the last 28 months. Given that there is no minimum investment that one must undertake in the platform, investors should benefit from the profits of the strategy without incurring any management or incentive fees.

The Stellar platform on which the Apis Token is based is an ideal foundation for asset-backed tokens. It comes with a user-friendly platform that makes it easy for those that are new to cryptocurrencies to set up a new wallet and accept Apis Tokens in less than 5 minutes. Investors will also be able to submit their KYC/AML documentation to fund their investment.

Apis Token

Apis Token is to be traded directly in the Decentralized Stellar exchange which is an investment platform designed for cryptocurrency holders who wish to diversify their holdings. Anyone in the U.S will be able to purchase the token. However, given that it will be issued under Regulation S, non-accredited U.S investors will not be able to purchase the token.

The Tokens are redeemable on a regular basis for the proportional share held by Apis Token Ltd. Investors will be able to lock in their profits and receive redemptions in USD or in exchange for top three cryptocurrencies BTC, ETH or XLM.

Apis token acts as a gateway that investors can use to access a unique volatility-based trading strategy. The tokenized hedge fund is looking to do away with various hurdles that until now have acted as barriers for people looking to enter the traditional investment sector.

Apis Capital Management casts itself as an innovative asset manager specializing in unique strategies that help people build wealth during all market conditions.

“Through careful market analysis and our trading experience, we can profit in rising, flat, and declining markets, generating consistent profits for our clients. Our flagship investment vehicle, the ACM Market Neutral Volatility Strategy Fund, has achieved industry-leading returns since inception,” the firm states in a report.

Jeffrey McGovern

Jeff is a cryptocurrency supporter and shares great admiration for both blockchain tech and Bitcoin. Originally from Charlotte, NC, Jeff graduated from North Carolina State University, but now resides in South Florida. With a background in English Literature, he never believed his 10 years of writing experience would be used towards creating and editing important crypto/blockchain related news.

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