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Hong Kong-based Harvest Global Investments has agreed a strategic partnership with Singapore-headquartered digital asset-focused financial technology group Metacomp, giving investors in the city-state a stake in the company's new cryptocurrency spot listing. Investment trusts are now available.
Under the memorandum of understanding signed by the two companies, Metacomp and its affiliates will provide investors with access to Harvest's crypto spot ETFs through a proprietary customer asset management platform known as Camp by Metacomp.
The initiative is designed to expand Harvest ETF's global footprint and allow MetaComp to “enhance its portfolio of wealth solutions with highly popular financial products,” according to the Singapore-based fintech company. That's what it means.
Harvest Global Investments is one of the Hong Kong units of three mainland Chinese asset management companies (also including Vocera Asset Management and China Asset Management), and on April 30th the price of Bitcoin and Ether, respectively. launched two ETFs that track Vocera Fund was launched in partnership with Hashkey Capital. .
In addition to the distribution of crypto ETFs, the collaboration between Metacomp and Harvest will explore opportunities to integrate Harvest's various asset management solutions into Metacomp's service offering.
The fintech company said it will also provide Harvest with access to its suite of digital payment token services.
The collaboration “aims not only to serve the existing customers of both companies, but also to reach new demographics seeking advanced financial solutions across traditional and crypto finance.”
Bo Bai, chairman and co-founder of Metacomp, said the deal reaffirms the company's “commitment to be a bridge between traditional finance and crypto finance.”
“With Harvest’s expertise in asset management and Metacomp’s robust ability to offer a comprehensive suite of digital payment solutions, we are well-positioned to deliver unparalleled value to our customers and the market,” he added. Ta.
MetaComp specializes in blockchain technology and digital assets and is licensed and regulated by the Monetary Authority of Singapore.
*Ignites Asia is a news service for professionals in the asset management industry published by FT Specialist. Trials and subscriptions are available at: ignitionsacia.com.
