Signum, a global digital asset banking group, Maw Maw Singapore Digital Asset Multi-Manager Fund (DAMMF) will be offered on the latter trading platform.
DAMMF is a high-conviction, diversified fund of funds that invests in established and emerging investment managers focused on liquid crypto hedge fund strategies.
The company has a five-year track record as an early entrant into the crypto fund space.
According to signumthis is the first time that actively managed crypto funds will be available on a digital investment platform in Singapore.
Moomoo Singapore, which serves more than 1 million users in Singapore, will make its funds accessible to accredited investors through its relationship manager from the first quarter of 2025.
Moomoo Singapore and Sygnum Singapore both hold major payment institution licenses.
Echo Zhao, Moomoo Singapore Country Head, said:
“As digital assets become more mainstream and widely adopted, many high-net-worth clients see them as a key element of modern resilient portfolios. We also seek opportunities to capitalize on the asset class’s significant growth potential.
As the nascent digital asset market continues to evolve and mature, investors can turn to active management to maximize their return on investment. We are confident that Signum’s expertise in this field will create great opportunities for our clients. ”
Gerald Goh, co-founder and APAC CEO of Sygnum, said:
“DAMMF was established to offer investors the opportunity for long-term capital appreciation by participating in the crypto megatrend. You can look forward to gaining exposure to a broad portfolio of crypto alpha sources.
At Signum, our mission from day one has been to enable everyone to invest in digital assets with complete trust. This partnership with Moomoo is groundbreaking for the digital asset space and we are excited to better support our clients in managing their exposure to this asset class. ”
Featured image credit: Edited from freepic