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Two MAS-regulated Bitcoin funds launch in Singapore

Published 11/26/2021, 04:11 AM
Updated 11/26/2021, 06:00 AM
© Reuters.

Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS).

The new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, are intended to provide simple and secure exposure to Bitcoin for professional investors, Fintonia announced on Thursday.

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