Monochrome Bitcoin Fund added to Mason Stevens
Wealth management platform Mason Stevens has added the Monochrome Bitcoin Fund, providing a regulated vehicle for bitcoin exposure to Australian wholesale investors on the platform.
Mason Stevens is a bespoke wealth management platform for wholesale investors. The platform provides a curated, market-driven financial product selection with an emphasis on innovation and technology.
“Mason Stevens has recognised the market demand for access to the nascent crypto asset class,” said Jeff Yew, CEO of Monochrome. “The addition of the MBF to their platform offering underlines their thorough understanding of market direction and demand, as well as the type of product desired.”
The MBF is a capital growth fund for wholesale investors seeking a familiar investment vehicle that closely tracks the price of bitcoin, issued via an Information Memorandum.
Nick Mitchell, Managing Director at Mason Stevens said, “The addition of the Monochrome Bitcoin Fund to the Mason Stevens platform meets growing client demand for an institutional-grade means of exposure to bitcoin and the crypto asset class.”
With access via a familiar investment vehicle, Mason Stevens clients are now able to easily incorporate bitcoin exposure into diversified portfolios.