THELOGICALINDIAN - An asset administration close with about 160 billion in assets beneath administration Victory Capital has appear that it is entering the cryptocurrency bazaar The close has accustomed absolute agreements with Nasdaq and asset administrator Hashdex
Asset Management Firm Entering Crypto Market
Victory Capital Holdings Inc. (Nasdaq: VCTR) apparent its affairs to access the cryptocurrency bazaar Wednesday. Victory Capital is a adapted all-around asset administration close with $157.1 billion in assets beneath administration as of April 30. The close provides specialized advance strategies to institutions, intermediaries, retirement platforms, and alone investors.
The aggregation said that its wholly endemic beforehand adviser, Victory Capital Management Inc., “has accustomed absolute agreements” with Nasdaq and asset administrator Hashdex Ltd. in beforehand of affairs to access the cryptocurrency market, adding:
Victory Capital affairs to barrage a clandestine armamentarium for accepted investors that will clue the NCI. It will additionally action clandestine funds that clue the Nasdaq Bitcoin Reference Price Index and the Nasdaq Ethereum Price Index.
Sean Wasserman, carnality admiral and all-around arch of Nasdaq’s Index and Advisor Solutions, commented:
What do you anticipate about Victory Capital entering the crypto bazaar in accord with Nasdaq? Let us apperceive in the comments area below.
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