Cryptocurrency hedge fund Ark36 has taken a further step in increasing its international presence following a partnership with global virtual currency platform Coinify.
Denmark-based Coinify will provide institutional services for the cryptoasset fund, and ensure the “best execution of orders across multiple trading venues”.
According to Ark36 co-founder Ulrik Lykke, the partnership is part of the Cyprus-regulated crypto fund’s strategy to increase its international presence.
It was “natural that we select a partner with a strong foothold in the Danish market, whom we can grow with as we expand our hedge fund internationally,” he said.
Ark36 was launched in October this year, and is currently regulated and authorised in Cyprus.
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