EKT Active Fund

Cayman-based Token Capital Management has launched the EKT Active Fund in Australia, an actively-traded cryptocurrency and initial coin offering (ICO) fund.

Damien Hatfield of Triple A Partners, has teamed up with the ex-head of global markets for ANZ Bank, Steve Bellotti, to launch the fund for wholesale qualified investors. Bellotti and his partner, ex-Man Investments COO, Bob Tucker, have formed Digital Currency Holdings, the fund's Australian-based advisor.

The fund has an administrator (Mainstream Fund Services Pty Ltd), custodian (Sterling Global Financial Limited) and auditor (KPMG). Minimum investment for qualified investors is US$100,000.