Crypto fund Kintaro Capital received its license from the Malta Financial Services Authority (MFSA), hence is registered as a private investment fund (PIF) for cryptocurrencies and listed equities, according to a press statement issued by the company.
Kintaro Capital, a venture of the Konfidio blockchain studio, obtained formal approval of its PIF license from the MFSA, making it one of the first regulated crypto funds for qualifying investors under Maltese law. The licence allows Kintaro clients to invest in strategic alternatives to fiat based instruments.
Kintaro Capital has a crypto-economic experience of three years. Through its token research and data analytics expertise, the fund targets high yields in the blockchain sector. The fund is administered by SGGG Fexserv Fund Services Ltd in Malta, and is responsible for the administration of over 220 alternative strategy funds, together with Fexserv Financial Services.
“We’re thrilled to be one of the first crypto funds licensed by an EU financial services authority, with explicit investor protection. Our thorough approach to building a team with over 100 years of investment research and portfolio management experience has paid off. Kintaro Capital is uniquely located to service the investment needs of future-thinking investors with long-term plans,” says Dr Mervyn Maistry, CEO and Founder of Konfidio and Kintaro Capital.
As part of the Konfidio family, Kintaro aims to utilise the venture studio’s position within the Berlin ecosystem. Konfidio’s experience with governments and Fortune 500 companies adds to the blockchain knowledge base of the fund, the company says.