In an intriguing turn of events, Malaysia welcomes Halogen Capital, a fresh face in the crypto fund management landscape, ushered into existence by the innovators behind established local fintech player, Jirnexu. Its offerings already include a spot Bitcoin fund and a lower-risk Income Fund in Malaysian ringgit, with an Ethereum fund soon to grace the platform.
In an era where personalised investments are growing in popularity, Halogen Capital doesn’t disappoint, extending the option of bespoke investment portfolios tailored to specific private clients. Their website confirms this, nodding towards the age of customisation in the investment sector. Notably, their funds accommodate both retail and institutional investors, along with complying with Shariah laws, broadening their potential user base considerably.
Guided by two Malaysian nationals, Hann Liew and Lucas Ooi – the same minds that birthed Jirnexu – Halogen Capital demonstrates an interesting mix of seasoned and pioneering spirit. While Liew presides as CEO, Ooi is positioned to head business operations.
The announcement of the fund’s emergence took the form of a hopeful LinkedIn post penned by Liew himself, where he expressed his close monitoring of the crypto market over the last few years. The recently launched Halogen Capital aims to simplify crypto investments for both individual and institutional investors, by tactically intertwining it with familiar structures like mutual funds, managed portfolios and possibly Exchange-Traded Funds (ETFs) in the near future.
However, a streak of scepticism might creep in considering the myriad of crypto firms grappling for attention in an increasingly crowded market.
Interestingly though, Halogen Capital emerges as the first crypto fund provider under the watchful regulation of the Securities Commission (SC) Malaysia. The promised regulatory oversight may be a beacon of reassurance in the Wild West of cryptocurrencies as it suggests adherence to market standards and the potential for investor protection. But will the promised benefits of regulation be enough to convince potential investors to place their trust in Halogen Capital amid an ocean of competition? That’s a thought for the curious minds and one worth watching unfold.
Source: Cryptonews
