the Swiss Collective Investment Schemes Act has announced that it will launch Europe 's first diversified cryptocurrency fund. The Switzerland -based company plans to invest in currencies including bitcoin , ripple and ether from a year . Brzezek previously served at UBS working in the Asset Management division.. The fund aims to have 3.4bn of assets under management within a year and $ 3.4bn within three years . The diversification of funds will promote reduced levels of volatility while still taking advantage of cryptocurrencies' "high growth" potential, said Marc Bernegger , CEO of Crypto Fund .
the Swiss Collective Investment Schemes Act has announced that it will launch Europe 's first diversified cryptocurrency fund. The Switzerland -based company plans to invest in currencies including bitcoin , ripple and ether from a year . The fund aims to have 3.4bn of assets under management within a year and $ 3.4bn within three years . The diversification of funds will promote reduced levels of volatility while still taking advantage of cryptocurrencies' "high growth" potential, said Marc Bernegger , CEO of Crypto Fund .