Europe's First Investment Fund TOBAM
Beginning with $ 1,000 at the beginning of this year, Bitcoin will be $ 9,597,3100 so far on 28/11/2017. This rise attracted TOBAM's interest in the French asset fund. TOBAM has officially announced the Bitcoin investment fund. This fund, Europe's first Bitcoin Investment Fund, will not be traded on the stock exchange. Because it's an investment fund. Yves Choueifaty, founder of the fund, said in his statement:
Investing in the crypto currency and evaluating the money is a very detailed activity. So, we found some investors to start funding and we are very interested in an intellectual point of view.
Bitcoin, which displayed a significant increase throughout the year, continued to be used by commercial investors in commercial arenas. But it is a bit difficult to use for commercial purposes because it is not easy to reach Bitcoin. With the legal arrangements to be made, states now seem to be hotter than crypto parallels.
Europe's first Bitcoin Fund is a $ 9 billion protector and management authority with extra national asset funds, pension funds, private banks and distribution networks. It was also endorsed by the AMF, which is responsible for France's financial regulatory authority.
SOURCES :
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