IDEG Launches Renaissance SP and DeFi Tracker SP

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Pro­fes­sion­al dig­i­tal asset man­ag­er IDEG Asset Man­age­ment Lim­it­ed (IDEG) has launched IDEG Renais­sance SP and the IDEG DeFi Track­er SP.

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The launch was a part of its TIMES prod­uct shelf, allow­ing accred­it­ed and insti­tu­tion­al investors to access dig­i­tal asset mar­ket oppor­tu­ni­ties with vary­ing risk exposure. 

The launch is also a plan to roll out the­mat­ic funds offer­ing investors a pro­fes­sion­al­ly man­aged and third-par­ty cus­tody expo­sure to dig­i­tal asset invest­ments and seize on mar­ket opportunities.

The IDEG Renais­sance SP con­sists of dig­i­tal assets in rela­tion to pub­lic chain, decen­tralised finance (DeFi), meta­verse as well as oth­er sec­tors, in addi­tion to Bit­coin ($BTC) and Ethereum ($ETH).

IDEG Asset Man­age­ment Lim­it­ed is IDEG Group’s off­shore fund man­ag­er, a BVI Approved Man­ag­er licensed by the British Vir­gin Islands Finan­cial Ser­vices Commission.

“We see these three sec­tors as hav­ing sig­nif­i­cant poten­tial in the near term. The IDEG Renais­sance SP is in many ways our flag­ship core-satel­lite port­fo­lio for access­ing dig­i­tal asset mar­kets. This SP will be rebal­anced quar­ter­ly to reflect our lat­est view of the mar­ket,” Emma Hu, Head of Prod­uct Devel­op­ment, IDEG said.

“With BTC and ETH at the core, and more than 30 dig­i­tal assets in the port­fo­lio, it ben­e­fits from a flex­i­ble and active­ly man­aged satel­lite approach to trend­ing themes. We expect to see a con­tin­u­ous decreas­ing weight­ing in BTC and ETH in our Renais­sance SP as oth­er pro­to­cols emerge with the poten­tial to buoy over­all performance.”

Mean­while, IDEG’s DeFi Track­er SP han­dles the decen­tral­ized finance space. 

“We are invest­ing in pro­to­cols built on Ethereum as well as oth­er pub­lic chains to cap­i­tal­ize on the flour­ish­ing growth in this sec­tor. The addi­tion of both funds fur­ther strength­ens our TIMES prod­uct shelf and our com­mit­ment to pro­vid­ing more inno­v­a­tive solu­tions,” Hu said.

In 2019, IDEG launched Asia’s first Bit­coin Trust and the Atlas Min­ing Trust.

Image source: Shutterstock

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