Strivo has entered a partnership with Virtune AB to offer the custody of Virtune’s exchange-traded products, which provide exposure to crypto assets, within Strivo accounts.
The cryptocurrency market is one of the fastest-growing markets of the decade, with many crypto assets and sectors continuing to expand, creating new investment opportunities. Virtune was founded with the vision of becoming the leading crypto asset manager in the Nordics, enabling institutional and private investors to invest in the cryptocurrency market as easily as they would in an index fund or stock.
With Swedish ownership and offices in Stockholm, combined with a strong team of experts, Virtune offers sophisticated and innovative investment products in cryptocurrency, traded in real time on regulated marketplaces.
Virtune is a registered financial institution with the Swedish Financial Supervisory Authority (Finansinspektionen), authorized to trade and manage crypto assets. The company has also received an approved EU base prospectus to list exchange-traded products in the crypto space.
“Strivo’s business model is to offer customers the broadest possible range of investment products. Demand for investment products linked to crypto assets has significantly increased in recent years. The fact that regulatory authorities, such as the SEC in the United States, have approved several exchange-traded products in this asset class means that we can now offer our customers exposure to this growing market in a structured manner. However, quick trading or ‘day trading’ is not the focus. Instead, the customer, in consultation with their financial advisor, must first ensure they understand the product and then choose a risk level that suits their risk tolerance and overall portfolio composition. As with other similar securities on Strivo’s platform, our customers will also receive a portion of the management fee as a rebate to their account with Strivo. We look forward to working with Virtune and educating our customers about this asset class,” – Declan Mac Guinness, CEO of Strivo.
Read more about exchange-traded investments here
Read more about crypto assets here
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