The world’s first tokenized hedge fund has launched on the Stellar Network blockchain after raising US$1.7million in investments during its presale.
The token is Apis (APIS), managed by Apis Capital Management (ACM), and is the gateway investors use as means to access the ACM Market Neutral Volatility Strategy Fund, a proprietary volatility-based trading strategy developed by ACM.
By registering investment and purchasing tokens, buying and holding the APIS token sees investors automatically take advantage of the sophisticated fund management strategy.
Apis Capital Management is an innovative asset manager specializing in unique strategies designed to build your wealth during all market conditions. Through careful market analysis and our trading experience, we are able to 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 Apis hedge fund looks to do away with several barriers for entry that plague the traditional investment sector. There are no lock-up periods as the APIS token itself can be resold at anytime, making any investment completely liquid.
There is also no minimum investment and the hedge fund’s track record is made completely transparent by the Stellar Network – Apis Capital Management report that the strategy has posted annualized returns of almost 80% over the past 28 months.
“We have had very high interest. Due to this being a unique opportunity for investors to access a professionally managed and profitable strategy through the simplified and investor friendly token model.” said Dr. Edgar Radjabli, Managing Partner of Apis Capital Management.
All profits will be redeemable in either US Dollars or Bitcoin (BTC), Ethereum (ETH) or Stellar Lumens (XLM).
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