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The first Israeli crypto-focused firm launches products for institutional investors

From cryptolinenews.com

The current cryptocurrency market slump has not hindered Silver Castle Ltd, an Israeli crypto-focused firm, from launching two new products for institutional investors. The products are in the form of crypto funds which the firm anticipates will reach 50 million U.S dollars before the year ends. Silver’s fund comes to add to the already existing virtual currency funds which have approximately 10 billion U.S dollars under their management. According to Bloomberg: “Silver Castle’s first fund is both long and short-term momentum driven, based on an algorithmic trading system that picks the five biggest coins by market ... (full story)

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  • Category: Fundamental Analysis