PANews, October 1st news, according to The Fintech Times, Paris-based asset management company Melanion Capital announced the launch of a new strategy, planning to raise 50 million euros, all of which will be allocated to Bitcoin as the company's own reserve assets.
The company stated that this move aims to launch the first regulated private Bitcoin reserve model in Europe and provide a replicable proof-of-concept for other private companies. Unlike passive holding, Melanion Capital plans to actively manage through methods such as optimizing the fund’s portfolio to enhance performance, aiming to transform Bitcoin from a defensive allocation into an actively outperforming asset source.
Melanion Capital launched Europe's first Bitcoin-themed ETF compliant with UCITS regulations in 2021.
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French asset management company Melanion Capital plans to raise 50 million euros to allocate to Bitcoin reserves.
PANews, October 1st news, according to The Fintech Times, Paris-based asset management company Melanion Capital announced the launch of a new strategy, planning to raise 50 million euros, all of which will be allocated to Bitcoin as the company's own reserve assets. The company stated that this move aims to launch the first regulated private Bitcoin reserve model in Europe and provide a replicable proof-of-concept for other private companies. Unlike passive holding, Melanion Capital plans to actively manage through methods such as optimizing the fund’s portfolio to enhance performance, aiming to transform Bitcoin from a defensive allocation into an actively outperforming asset source. Melanion Capital launched Europe's first Bitcoin-themed ETF compliant with UCITS regulations in 2021.