“We are seeing that digital assets and cryptocurrencies are becoming increasingly attractive with institutional investors,” said Dr. Holger Sepp, member of the board of Hauck & Aufhäuser before further adding:
“With the launch of our first crypto fund, together with Kapilendo, we have created an innovative investment vehicle that gives our customers inexpensive and secure access to the new crypto asset class while meeting the established quality standards and high demands of Hauck & Aufhäuser.”
Kapilendo, which provides digital investment banking services, is the crypto custodian for the new Hauck & Aufhäuser Innovative Capital (HAIC).
This is a passive digital assets fund with allocation based on marketcap and other qualitative as well as quantitative criteria with minimum investment being €200,000.
They’re both fully licensed by the German Financial Supervisory Authority (BaFin) and both are established financial services providers that are now expanding into crypto.
That’s to meet client demand according to Holger Sepp as institutional investors show increasing interest in bitcoin due to its ability to act as a hedge.
The fund thus “offers investors a long-term investment opportunity in leading crypto stocks,” they say.