$30 Million Crypto Trading Fund To Launch In Shanghai

[karanjhosi89]

A Shanghai-based cryptocurrency management company is planning to launch a new crypto trading fund through an unnamed partnership in Hong Kong. The company is named Point95 Global.

The partnership is being carried out with an unnamed licensed asset manager based out of Hong Kong.

This new private fund will focus on professional investors and will employ “arbitrage trading strategies.” These strategies will facilitate the buying and selling of related instruments through short or long positions across multiple markets.

Cryptocurrency related news update read full article news on coindelite.com

[CryptoBry]

I am happy to note that despite the bearish market we are experiencing today (can be carried into the end of the year), projects like this are still popping up which can actually be votes of trust and confidence to this marketplace. There will always be hope for many growth and opportunities on this sector but there is a big possibility that there can be some changes soon and we can all be impacted with these changes...we just have to be ready anytime. As they always say...there will always be the light at the end of the tunnel.

[Jamesdila1]

really good news for entire crypto community. daily we can see this type of good news. but still crypto is bearish. so we can expect a bull run soon. so this type of projects will make crypto strong and more reliable for investors.

[Pelana vreo]

Good information came after the bearish market arrived, I was very happy with the friendly Chinese crypto community, a few days there was good news from there, hopefully, this will increase the volume of trade in the next year

you can see the source of information from the above news
https://coindelite.com/news/30-million-crypto-trading-fund-to-launch-in-shanghai/
https://www.scmp.com/business/article/2173021/shanghai-based-cryptocurrency-manager-point95-global-launch-quant-hedge