Why Crypto Funds Are a Good Idea – Bitcoints

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Published on November 14th, 2017 | by bitcoin

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Why Crypto Funds Are a Good Idea

Why Crypto Funds Are a Good IdeaHowever, The Token Fund team is putting together a system that will make crypto funds a reality.
Legal transparency and KYC Crypto funds keep popping up on the market and for the cryptocurrency community, there’s generally consensus that the world needs more of these since they benefit the entire crypto market.
Tokenbox intends to solve this problem by registering an umbrella fund that would sublicense other funds and individual traders within the fund.
Tokenized funds can be open, closed, corporate or private, with any management strategy and funds can invest in any tokenized assets.
Receipts of investors’ funds, issue of tokens, the reverse process of payment on funds and the fund commission – everything is fully automated.

Source: Cointelegraph.com

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