Southeast Asia welcomes its first Bitcoin fund, amid local institutional demand

Southeast Asia welcomes its first Bitcoin fund, amid local institutional demand

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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