Bequant, a digital asset services firm, has introduced a new platform for capital introduction specifically for crypto hedge funds and high-net-worth individuals, HNWIs.
This platform acts like a private treasury where members can request and access financial resources.
Big boys’ club
Bequant, known for its prime brokerage service for institutional clients, will use this platform to allocate its capital to traders and investors.
The platform is targeting crypto hedge funds and asset allocators, alongside family offices, and HNWIs.
Prime brokerage services, typically offered by investment banks and wealth management firms, allow hedge funds to borrow securities and cash, using them to invest and achieve returns.
This new platform will provide the necessary funds, likely in exchange for interest or other types of yields for lenders.
“Our goal is to capitalize on the software and network we’ve built within the crypto trading community to achieve new milestones in the industry,” said George Zarya, CEO and founder of Bequant.
New ways to invest, or earn
Launching the capital introduction platform is a strategic move for Bequant, reinforcing its goal to supporting funds at every stage of the asset management business.
This platform is designed to facilitate the needs of crypto hedge funds and institutional investors by providing a streamlined process to access capital.
Bequant has also developed systems to manage assets across various liquidity pools, including over 15 centralized exchanges, more than 30 decentralized exchanges, and numerous OTC liquidity providers.
The firm uses Fireblocks to enable clients to lock their assets into DeFi smart contracts, providing access to liquidity currently locked in DeFi.
And because DeFi’s locked value is at over $72.5 billion now, that means a lot of liquidity.
Bringing together the two teams
The Bequant’s platform has already seen usage by industry professionals like Ron Akram, co-founder and co-managing principal of hedge fund Isla Capital, and Chana Kanzen from the Digital Wealth Fund.
Akram and Kanzen both have praised the platform for bringing together relevant players from both traditional finance and the crypto space.
Bequant’s new platform could set a good example for similar initiatives in the crypto industry, bridging the gap between traditional finance and digital assets.
Kanzen thinks this move may encourage more traditional financial institutions to explore opportunities within the crypto market.
„It’s been really interesting to be here to connect with people from the traditional finance sector who are obviously interested in the opportunities that the crypto space can offer.”
