Sygnum's Bitcoin Fund Receives 65 Million Dollar Investment

Sygnum Bank and Starboard Digital Capture Investor Interest

Sygnum Bank and Starboard Digital have raised over 750 Bitcoin for the BTC Alpha Fund, creating a $65 million fund. This market-neutral investment vehicle delivered an annual net return of 8.9% in its first quarter.

The fund aims for annual returns between 8-10% through systematic arbitrage strategies. Investors can use this fund as collateral for Lombard loans through Sygnum, allowing them to obtain liquidity without selling their Bitcoin positions.