CPICIMHK, a subsidiary of the China Pacific Insurance Group and AMINE Group, a Switzerland-based entity in crypto banking, has teamed up in merging traditional financial services with the cryptocurrency sector. This collaboration showcases their pioneering roles in the asset management industry, being among the first to bridge these two worlds in the Asia Pacific region.
Launch of Pacific Waterdrip Digital Asset Funds
Together, the platforms aim to offer comprehensive investment advisory and banking services tailored to the Pacific Waterdrip Digital Asset Funds. These services combine CPICIMHK’s expertise in investment management with AMINA Group’s capabilities in digital asset solutions.
This collaboration centers on two distinct funds. The first, Pacific Waterdrip Digital Asset Fund I, injects capital into promising early-stage blockchain ventures, fueling their innovation and progress. The second fund, Pacific Waterdrip Digital Asset Fund II, focuses on energy-efficient and secure proof-of-stake digital assets, offering investors a novel way to participate in this emerging technology.
Amy Yu, CEO APAC of AMINA Group, stated,
By leveraging our combined strengths with our licensed capabilities across Switzerland and Hong Kong, we with CPIC Investment Management (HK) are poised to set new standards in financial innovation and access, offering investors exceptional opportunities in the evolving landscape of digital assets across multiple regions.
Bridging Traditional Capital Markets with the Crypto Space
Both entities emphasize the importance of security and regulatory compliance in providing solutions that bridge traditional capital markets with the crypto space. They are committed to setting new standards in financial innovation and expanding access to digital assets across multiple regions.
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The European Union’s upcoming regulatory review of decentralized finance (DeFi) under the Markets in Crypto-Assets (MiCA) framework reflects a broader trend of increasing collaboration between traditional financial institutions and the cryptocurrency sector. This regulatory shift, highlighted by Marina Markezic of the European Crypto Initiative, aims to establish clear standards for DeFi, facilitating the entry of traditional players like banks into the crypto space.
