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VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market

News Feed - 2022-04-29 02:04:53

VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market press release


PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with institutional investment manager, UNCAP Investment Management, providing the fund with access to proprietary portfolio rebalancing tools and indexes to enhance investment returns from the cryptocurrency markets.


VegaX clients are globally distributed, with a recent influx of new traditional funds and institutions actively seeking the firm’s crypto index products and technology. VegaX CEO, Sang Lee noted, “As the crypto market hit an all time high of USD $3 Trillion in 2021, traditional fund managers and institutions globally could no longer deny the importance of the asset class and the diversification potential that the crypto market provides. Sophisticated firms like UNCAP recognize the long term opportunities the crypto market creates, allowing VegaX to be an ideal partner in providing the technical infrastructure to support the firm’s needs. We look forward to a long term relationship with the UNCAP team.”


As institutions and funds actively explore opportunities to participate in the crypto market, various difficulties are faced including onboarding, custody, security, and access to secure return enhancing crypto products. VegaX provides solutions to these difficulties with a suite of crypto investment products, tools, and services, making it efficient for traditional funds and institutions to benefit from the crypto market in its early stages. “VegaX, through their unique product offerings and services, has been paramount to the launch and growth of our fund. We are confident that institutional investors of all sizes will have an outstanding experience working with the VegaX team, and we look forward to sustained growth together in the future” noted UNCAP Managing Director, Jeremy Sziklay.


The firm’s flagship products include the VegaX Enhanced Bitcoin Exposure (VEBE) and the VegaX Enhanced Ethereum Exposure strategies (VEEE) – options like strategies providing a familiar structure for traditional investors to access crypto investment products. The company recently released a Solana strategy, VSOL, and an NFT strategy, VNFT, to provide clients with additional portfolio rebalancing opportunities and access to different verticals across the crypto market. VegaX crypto products provide clients with 25% – 125% APY, pending strategy, which provides attractive opportunities for institutions and funds. For more information on VegaX’s products and fund consultation, visit: www.vegaxholdings.com.


For more information: https://www.vegaxholdings.com


About VegaX Holdings:


VegaX Holdings (VegaX) is a cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors. Established in 2019, VegaX creates next-generation indexes and financial products that are needed to support the growth of the cryptocurrency industry and improve returns for investors worldwide. Headquartered in New York, NY and Seoul, South Korea, VegaX has a globally distributed team passionate about building infrastructure to support the next generation of digital assets. Better indexes, Better Returns – VegaX: https://vegaxholdings.com/


About UNCAP Investment Management:


UNCAP Investment Management is a boutique cryptocurrency and blockchain-focused alternative investment firm. UNCAP’s flagship offering is a Cayman domiciled hedge fund, which features an opportunistic multi-strategy approach, including quantitative trading, arbitrage, structured products, liquid token selection and project level investment. Through utilizing long-biased products, alongside yield generation and early-stage investments in VC projects, UNCAP seeks to capture the upside of the asset class and mitigate downside over time.


Leadership:


Sang H. Lee – CEO


Natasha Bansgopaul – COO


Media Contact:


press@vegaxholdings.com


212-457-8974


VegaX URLS: https://vegaxholdings.com/ https://twitter.com/VegaXHoldings https://www.facebook.com/VegaXHoldings/ https://www.linkedin.com/company/vegaxholdings https://medium.com/@VegaXHoldings https://www.instagram.com/vegaxholdings/


 


 


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