Invictus Capital, a Cayman-domiciled manager, has migrated its tokenised crypto funds into a regulated mutual fund structure. All open-ended Invictus funds will now have the same oversight as other regulated mutual funds within the Cayman Islands. The funds will benefit from annual independent external audits and daily verification of fund assets by a licensed third-party administrator, Catalyst Group. Invictus Capital has combined this regulatory upgrade with a migration of its tokenised fund shares from the Ethereum network to Polygon.