Bequant Launches Capital Introduction Platform for Crypto Hedge Funds

Digital asset services firm Bequant has launched a capital introduction platform for crypto hedge funds and high-networth individuals (HNWIs).

Bequant has a prime brokerage service for institutional clients said using the platform it will allocate its capital to traders alongside investors using the platform.

The platform is designed for crypto hedge funds and asset allocators such as fund of funds, family offices and HNWIs, said the firm.

Prime brokerage includes services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash to be able to invest and achieve an absolute return.

“Our goal is to capitalise 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.

Bequant said launching the capital introduction platform is a “strategic pivot” reinforcing its commitment to supporting funds in all cycles of asset management business.

Bequant and Fireblocks Partnership

Bequant said it has built systems to manage assets across all pools of liquidity over 15 centralised exchanges, more than 30 decentralised exchanges ( DEXes ), and a dozen-plus OTC liquidity providers.

The firm uses Fireblocks to allow clients to lock their assets into DeFi smart contracts and access liquidity currently locked in DeFi, valued at more than $72.5 billion.

The Bequant capital introduction platform has been used by Ron Akram co-founder and co-managing principal of hedge fund Isla Capital, and Chana Kanzen, from the Digital Wealth Fund.

“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 has to offer,” said Kanzen, in a testimonial left on the Bequant capital introduction platform website.

“I am very impressed at how Bequant has brought the relevant crowd together with real and serious both managers and allocators,” said Akram.