Coinbase and IDEG launch TIMES suite with ETH portfolio

IDEG Asset Management Limited (IDEG), a professional digital asset manager, has debuted its T-I-M-E-S digital asset fund suite with strategic support from Coinbase Prime, Invezz learned from a press release.

After the successful launch of its Asia Bitcoin Trust and Atlas Mining Trust three years ago, IDEG added the Ethereum (ETH/USD) Enhanced Portfolio to its T-I-M-E-S product offering.

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ETH performance tracking combined with arbitrage

The Ethereum Enhanced Portfolio is an investment product that tracks the performance of the second-biggest crypto by market cap combined with an arbitrage strategy capturing futures and spot prices. Its aim is to enhance investor returns while lowering the wildly fluctuating exposure to the asset. In essence, the goal of the strategy is to outperform Ethereum.

Other features of the suite

The T-I-M-E-S suite features professional exposure to digital assets managed through IDEG’s risk control and reliable compliance. The thematic strategies have diverse risk profiles that span Interest, Trust, Mining, Yield Earning, and Structured solutions.

Emma Hu, Product Partner of IDEG commented:

Institutional investors find it difficult to include DeFi “on-chain” strategies into their asset allocation despite the potential positive returns beyond buy and hold strategies. IDEG’s portfolio of managed fund products offer excellent alternative solutions to gain varied crypto exposure. The Ethereum Enhanced Portfolio is our first of such products, providing qualifying investors an opportunity to capitalize on Ethereum, the most renowned smart-contract platform, while enhancing risk-adjusted returns compared to holding Ethereum.

Chief Compliance Officer and COO Suen Son Poon added:

Investor protection is paramount to us. With ambitious product development in our future, the SPC route provides us significant operational flexibility and shows our commitment to investor protections. We have enjoyed a positive relationship with Coinbase as both an early investor by our group’s venture arm, Fundamental Labs, and as institutional client of Coinbase, with the inception of our first Trusts as early as 2019. As we expand, the need for a reputable, compliance-focused partner to meet our unique trading needs and to safeguard our assets, and by extension safeguard the investments of our clients, led us back to Coinbase as our preferred prime broker and custodian.

Kayvon Pirestani, Head of Coinbase Institutional Sales, APAC said:

We are thrilled to be expanding our relationship with IDEG and supporting their development of innovative crypto investment products. We are committed to providing best-in-class service to help achieve shared success, attract more professional and institutional investors into the space and to see further growth in the market.