Sygnum Launches Bitcoin Yield Fund with 8-10% Target Returns
Sygnum, a Swiss digital asset bank, has launched the Starboard Sygnum BTC Alpha Fund in collaboration with Starboard Digital and Starmark as the AIFM. This fund allows investors to earn yield on their Bitcoin holdings while maintaining full exposure to Bitcoin's price appreciation.
The fund, available to qualified and professional investors in eligible markets, targets annual returns of 8-10% net of fees, paid in Bitcoin. This enables investors to grow their Bitcoin holdings over time. It employs arbitrage trading strategies to generate returns, which are then converted into Bitcoin. The fund offers monthly liquidity and a strict risk management framework, designed to cater to professional and institutional investors.
Sygnum has also announced that fund shares will be eligible as collateral for USD Lombard Loans. This allows investors to access liquidity without selling their fund positions. This launch reinforces Sygnum's commitment to advancing regulated Bitcoin products, building on its Bitcoin@Sygnum initiative and presence in Lugano's Plan B HUB.
The Starboard Sygnum BTC Alpha Fund is a significant addition to Sygnum's suite of digital asset products. It offers investors a way to generate yield on their Bitcoin holdings while maintaining full exposure to Bitcoin's price appreciation. The fund's launch also underscores Sygnum's dedication to advancing regulated Bitcoin products.
