- Kenetic, a Blockchain Investment Firm, has announced that their proprietary investment portfolio has seen returns of 77% so far this year
- Meanwhile most altcoins have bled between 80 and 95% this year
A blockchain investment firm in Hong Kong named Kenetic has announced that their proprietary investment portfolio has achieved returns of 77% so far this year. This despite the major losses seen by most in the crypto market.
Bloodbath for most
Kenetic has reached a record high last year in December. After this, Bitcoin dropped more than 50% this year while the entire crypto market dropped by up to 65%. Despite this, Kinetic has released a proprietary investment portfolio.
These concepts have been through comprehensive due diligence conducted by their knowledgeable investment team. They have alpha-generating strategies that are focused on early stage investments, macro themes, as well as catalyst driven events. All of these are matched by prudent risk management and even proprietary trading tools developed in-house. To quote their CEO of Kenetic named Daniel Weinberg:
“As active leaders in the global blockchain community, we see where the strongest investment opportunities lie and rising trends that are influencing traditional industries. During this volatile period, our proprietary investment portfolio continued to outperform many crypto funds as a result of our deep institutional investment experience and strong risk management.”
In order to enable professional investor access to such opportunities, Venture Smart Financial Group (VSFG), Kenetic and Venture Smart Asia Limited (VSAL) have offered asset management services and wealth management solutions. They have created a strategic partnership, offering qualified and professional investors admission to cryptocurrency investment funds.
These companies are collaborating in order to make cryptocurrency investment funds for professional investors who are leveraging the expertise and funds of the two entities.
These new resources will be distributed by VSAL. After distribution, it will then provide eligible investors the opportunity to expand their portfolios in digital assets across various passive as well as active strategies. Mark Brady, Executive Director at VSFG said:
“VSAL and Kenetic have a strong partnership and are building institutional-grade investment products in the digital asset space. We work with the best partners to build products that will meet the highest standards of any buy-side institution. Pairing Kenetic’s blockchain expertise with VSAL’s customized asset management solutions will help institutional investors gain access to fund products that suit their needs.”