IronChain Capital’s Cryptocurrency Index Funds Integrate Directly into Traditional Custodian Accounts Through the DTCC AIP Platform
Jun. 06, 2018
SAN FRANCISCO--(BUSINESS WIRE)--Jun 6, 2018--IronChain Capital (“IronChain” or the “Firm”), today announced that its innovative mutual fund-like cryptocurrency index funds—IronChain MiX10 and IronChain MiX10 Institutional (the “Funds”)—have joined the Depository Trust & Clearing Corporation Alternative Investment Product Services (DTCC AIP) platform. As a result of this integration, investors in IronChain’s funds will now be able to see those positions alongside all of their investments in a regular custodian account such as Schwab or Fidelity. Additionally, this also benefits registered investment advisors (RIAs) who will now have a full picture of their clients’ various investment exposures and be able to more easily advise clients on their asset allocations. This further brings together cryptocurrency funds and traditional mutual funds for retail investors.
“Our end-to-end solution, coupled with the daily liquidity, broad diversification and institutional-grade security and custody that IronChain’s funds provide creates an unparalleled offering for the cryptocurrency space,” said Jonathan Benassaya, CEO and Founder of IronChain. “Our integration with DTCC AIP reinforces IronChain’s leadership position as the first full-service investment platform for cryptocurrencies and is the next key step toward making cryptocurrency funds as mainstream as investing in a traditional mutual fund.”
In addition, the IronChain MiX10 Fund now supports investment through self-directed IRAs.
IronChain and the RIA Database Network will be hosting a webinar on Tuesday, June 12, 2018, to further discuss the benefits of this integration with DTCC AIP as well as IronChain’s funds and unique offering. A link to register for the webinar can be found here: https://www.riachannel.com/advisor-qa-decrypting-crypto-a-framework-for-professional-investors-ironchain-capital-6-12-18/?partnerref=IronChain.
About IronChain Capital
IronChain Capital is a next-generation digital asset investment firm that is singularly focused on providing both retail and institutional investors with easy and secure access to cryptocurrencies on a highly cost-effective and diversified basis. The firm offers a diverse suite of services, including brokerage accounts, investment products, portfolio management and trading solutions. The firm is headquartered in San Francisco, CA. For more details, please visit www.ironchaincapital.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180606005389/en/
Jaimee Pavia, 212-279-3115
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: IronChain Capital
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PUB: 06/06/2018 09:00 AM/DISC: 06/06/2018 09:01 AM