6 Monks has become the first AIFM authorised to manage third-party digital assets funds, following recent approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This marks the first time professional investors in European jurisdictions have been permitted to invest directly into digital assets through a regulated or semi-regulated AIF.
6 Monks has appointed Zodia Custody as custodian, enabling fund promoters and asset managers to distribute funds across the European market while providing a crypto funds custody solution.