KB Crypto
KB Crypto
1230 91 St SW, Suite 201, Edmonton, AB T6X 0P2
Sector: Crypto Currencies
Description
KB Crypto is primarily a hedge fund that employs varied investment strategies with a view to deliver returns to its clients. The company uses its proprietary software, besides channeling the expertise of its fund manager, to deliver returns.
The company accepts investments in the form of Bitcoin, a blockchain-based digital currency. Bitcoin has become a popular asset, with a multi-billion-dollar market cap, which ranks it among top assets. That said, Bitcoin remains a highly volatile asset. KB Crypto uses Bitcoins parked by its clients to make investments in multiple assets, which may include forex and futures markets.
The returns derived from these investments are distributed among clients, in proportion to their invested funds, after deducting the fund management fee. KB Crypto’s actively managed fund derives variable returns from its trades, and payouts (paid on a weekly basis in Bitcoin) to clients based on the tiers they opted for.
KB Crypto is based in Bahamas, and it operates in multiple jurisdictions. The company is harnessing the potential of idle Bitcoin holding by pooling funds of clients and placing them in alternative investment instruments. Mr. Devon Edwards, a technology enthusiast, is the founder and chief fund manager.