First to Bring Institutionalization to Crypto Hedge Funds in Asia

SINGAPORE- Media OutReach - 20September 2019 - BBShares, a globalalternative investment firm, today announced the launch of two crypto hedgefunds: the Systematic Opportunity Fund and the Diversified Alpha Fund. Thesefunds allow investors to leverage price gains of leading digital currenciesthrough a traditional investment vehicle.

BBShares also reported strong returnsfor its Mega Cap Fund with over 300% net investment returns in the first halfof 2019. This is the first portfolio launched by BBShares in 2018, looking at top digital currencies bymarket cap, including BTC, BNB, ETH, XRP, BCH, LTC, EOS and USDT.

"Cryptocurrencies like bitcoin haveinsignificant statistical correlation with traditional asset class like equity/fixed-income which means the potential alpha is high in this class. Althoughthere are 150 active crypto hedge funds out there, they collectively manage onlyUSD 1B AuM (source: PWC 2019 Crypto Hedge Fund Report), while a trust productlike Grayscale manages USD 2.7B. One of the main reasons limiting growth in thecrypto hedge fund market is the lack of infrastructure and a compliantframework to allow institutional money to access high alpha and beta. As one ofthe pioneers in this field, BBShares has built a holistic legal framework andan in-house asset management system known as MatrixONE. The platform allows allassets to be managed seamlessly and service providers such as fund admin,auditors and custodians can access to the platform via an API," said Jett Li, ChiefInvestment Officer of BBShares.

BBShares has adopted a traditionalapproach in terms of compliance, legal and security standards in managing fundsfor qualified investors. The experienced team comprised of wall street veteransfrom JP Morgan, Citibank, Credit Suisse, Standard Chartered Bank and MerrillLynch, who saw the opportunity for an institutionalization approach to digitalasset investing.

In order to bringinstitutionalization to crypto hedge fund investing, BBshares providesbest-in-class KYC AML checks by Vistra Singapore, monthly net asset value (NAV)statements for investors as well as audited annual reports. To ensurecredibility, BBShares has appointed Kingdom Trust, a regulated financialservices institution that offers custodian services and commercial insurancefor alternative assets. Kingdom Trust also insures digital-currency privatekeys.

"The outlook to crypto assetsinvesting remains very positive to institutional investors, and has surpassedtraditional investment such as equities, bonds and gold. At BBShares, webelieve in offering our clients secure access to digital asset investing. Oureco-system is developed to build trust and drive growth so as to enableinstitutional investors to include digital currencies in their portfolio,"added Jett.

About BBShares

BBSharesis a global alternative investment firm that specializes in digital currencyinvestments, hedge fund products and hedge fund advisory services. Headquarteredin Hong Kong with offices in Singapore and New York, BBShares has a segregated portfoliocompany (SPC) structure that is familiar to institutional investors. Mega CapFund was launched in June 2018 as its first hedge fund focusing on digitalcurrency. For more information, please visit bbshares.com.