According to the announcement, the Bitcoin product was released in response to a growing demand for crypto-based products from investors. The fund utilizes an Artificial Intelligence (AI) powered platform provided by Calfin Global Crypto Exchange. Fund Manager, Subbu Vempati remarked:
As per the requirements, accredited Asian investors would have to go through mandatory Anti-Money Laundering (AML) and Know Your Customer (KYC) checks before accessing the fund.
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