IDEG LAUNCHES ITS NEW “TIMES” SUITE OF THEMED DIGITAL ASSET STRATEGIES WITH THE DEBUT OF THE ETHEREUM EXTENDED PORTFOLIO WITH COINBASE PRIME AS A STRATEGIC PARTNER

• IDEG opens corporate vehicle with separate portfolio in the British Virgin Islands

• Announcing a new thematic fund product shelf called TIMES with public debut of IDEG Ethereum Trust for qualified investors

• Appoints Coinbase Prime as a strategic partner

STREET CITY, British Virgin Islands, April 12, 2022 /PRNewswire/ — IDEG Asset Management Limited (IDEG), a professional digital asset manager, announced today that it has launched its TIMES range of thematic digital asset funds with strategic backing from Coinbase Prime.

(PRNews photo/IDEG Investment SPC)

IDEG added the Ethereum Enhanced Portfolio to its TIMES product offering following the successful launch of its Asia Bitcoin Trust and Atlas Mining Trust in 2019. The Ethereum Enhanced Portfolio is an actively managed investment vehicle that tracks the performance of Ethereum combined with an arbitrage strategy capturing spot and futures basis to enhance investor returns while reducing the asset’s often volatile delta exposure. The strategy aims to outperform Ethereum.

The TIMES product suite offers qualified investors professionally managed and third-party custodial exposure to digital assets managed through IDEG’s rigorous compliance, risk and internal control processes, offering a mix of thematic strategies with different risk profiles that deliver confidence, Interest and Mining includes , Yield Earning and Structured Solutions. IDEG plans to launch more thematic funds under the TIMES umbrella in 2022, with multi-coin, DeFi (yield farming) and GameFi/Metaverse Play-to-Earn (P2E) strategies being actively managed and trialled internally.

“Institutional investors are finding it difficult to incorporate DeFi “on-chain” strategies into their asset allocation, despite the potentially positive returns that outperform buy-and-hold strategies Emma Hue, product partner of IDEG. “The Ethereum Enhanced Portfolio is our first such product, offering qualified investors the opportunity to benefit from Ethereum, the most renowned smart contract platform, while improving risk-adjusted returns compared to owning Ethereum.”

The story goes on

Chief Compliance Officer and COO, Suen Son Poon added: “Investor protection is of paramount importance to us. With ambitious product development in our future, the SPC route gives us significant operational flexibility and demonstrates our commitment to investor protection. We’ve enjoyed a positive relationship with Coinbase as an early investor in our group’s venture arm, Fundamental Labs, and as an institutional client of Coinbase, with the establishment of our first trusts back in 2019. As we expand, the need for a reputable, compliance-focused organization grows aligned partner to meet our unique trading needs and protect our assets, thereby protecting our clients’ investments, led us back to Coinbase as our prime broker and custodian of choice.”

“We are very excited to expand our relationship with IDEG and support their development of innovative crypto investment products. We are committed to providing world-class service to contribute to mutual success and attract more professional and institutional investors to the space and see further market growth,” said Kayvon PirestaniHead of Institutional Sales for Coinbase, APAC.

Hu added, “It’s time for institutional investors to incorporate digital assets into their asset allocation strategies. Traditional large investors need to understand that there are trusted and professional managers out there who can take much of the complexity and anxiety that comes with proprietary trading through volatility in markets.”

PwC Legal and Advisory advised on the structuring of IDEG’s BVI SPC, while Ascent is the fund manager of the Ethereum Enhanced Portfolio.

More about IDEG and TIMES

IDEG is a group of companies that exclusively manages digital assets.

IDEG Asset Management Limited is the offshore fund manager of IDEG Group, a British Virgin Islands authorized manager licensed by the British Virgin Islands Financial Services Commission. IDEG Asset Management Limited acts as investment manager for various products on the TIMES product shelf.

IDEG has pioneered a multi-strategy thematic product shelf, TIMES, which allows accredited and institutional investors to access opportunities in the digital asset market at different levels of risk. TIMES includes actively managed trust products; interest-bearing products; mining assisted products; Yield products with exposure to DeFi strategies; and Structured Solutions tailored to the needs of the investor.

IDEG started in 2019 Asia first Bitcoin Trust and the Atlas Mining Trust. Unlike passively managed funds and trusts, Asia Bitcoin Trust I is an enhanced bitcoin trust that aims to enhance returns through active management, employing a range of hedging and arbitrage strategies to enhance returns for investors while effectively controlling the risk of drawdowns. The funds are only open to qualified investors.

LEGAL DISCLAIMER: No participation in securities is being offered as a result of this press release. None of these securities have been registered for public offering with any securities regulatory authority in any jurisdiction and are not available for retail or public subscription. Investing in digital assets involves significant risk and a potential total loss of capital. You are advised to seek independent professional financial and legal advice. Regulatory status is not an endorsement by any regulatory authority. No regulatory authority has approved or endorsed this publication.

SOURCE IDEG Asset Management

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