Ninepoint Partners Sees Canadian IPO Completed And Fully Invested By Day 1
Last Updated: 30 January 2021
Ninepoint Partners stands as an investment firm based in Canada, and has much reason for celebration. The firm has managed to complete its 230 million CAD initial public offering (IPO) for its cryptocurrency fund, which is worth around 180 million USD.
Crypto Sentiments At A Large Positive
One of the more interesting things about this IPO of this Bitcoin fund is the sheer speed it was bought up. Trading for the Fund started on Wednesday, with the Fund itself seeing more than 99% of it already invested within the first day.
MVIS CryptoCompare Institutional Bitcoin Index Licensed To Ninepoint Partners LP Date
®) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the MVIS CryptoCompare Institutional Bitcoin Index (MVIBTC) to Ninepoint Partners LP (Ninepoint Partners) for the use in a fund. The fund’s investment objectives are to seek to provide its unitholders with exposure to the digital currency Bitcoin through an institutional-quality, cost-efficient platform, and to provide a secure, simpler and exchange-traded investment alternative for buying and holding Bitcoin.
“We are pleased to license our Institutional Bitcoin Index to Ninepoint, providing their new fund with a transparent and reliable benchmark,” stated Steven A. Schoenfeld, CEO of MV Index Solutions. ”As a pioneer of Digital Asset indices, we are committed to providing fund sponsors and their investors with the tools to measure the dynamic cryptocurrency markets,” he
MV Index Solutions GmbH: MVIS CryptoCompare Institutional Bitcoin Index Licensed to Ninepoint Partners LP
Today, MV Index Solutions GmbH (MVIS
) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the MVIS CryptoCompare Institutional Bitcoin Index (MVIBTC) to Ninepoint Partners LP (Ninepoint Partners) for the use in a fund. The fund s investment objectives are to seek to provide its unitholders with exposure to the digital currency Bitcoin through an institutional-quality, cost-efficient platform, and to provide a secure, simpler and exchange-traded investment alternative for buying and holding Bitcoin. We are pleased to license our Institutional Bitcoin Index to Ninepoint, providing their new fund with a transparent and reliable benchmark, stated Steven A. Schoenfeld, CEO of MV Index Solutions. As a pioneer of Digital Asset indices, we are committed to providing fund sponsors and their investors with the tools to measure the
MV Index Solutions: MVIS CryptoCompare Indices Accrue $1bn AUM as Institutional Investor Demand Soars MV Index Solutions GmbH (MVIS
) and CryptoCompare, a leading provider of digital asset data, announced today that products licensing their co-branded indices have surpassed $1 billion in assets under management.
The milestone represents the huge growth in demand amongst institutional investors for products that provide exposure to digital assets. The demand for index services has been global with products launching in markets across America, Europe and Asia.
In 2020 MVIS launched new indices to support the growing demand for innovative digital asset products, such as:
The MVIS CryptoCompare Institutional Bitcoin Index measures the performance of a digital assets portfolio which invests in Bitcoin, with prices being taken from selected exchanges.