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18 January 2021

200-yr Old Traditional German Bank Set to Launch Crypto Fund in 2021 | BTCMANAGER

200-yr Old Traditional German Bank Set to Launch Crypto Fund in 2021 | BTCMANAGER


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Hauck & Aufhäuser–a 200-year old German private bank, in partnership with Kapilendo–a Berlin-based Fintech, is launching HAIC Digital Asset Fund I in January 2021 according to a press release on Dec 3. .

With the launch of our first crypto fund, together with Kapilendo, we have created an innovative investment vehicle that gives our customers inexpensive and secure access to the new crypto asset class while meeting the established quality standards and high demands of Hauck & Aufhäuser.”

Earlier on, he had dismissed the digital asset saying it was not “a real currency.” Later, he explained that he had nothing against Bitcoin since he was only critiquing the coin to understand how it works.

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