Anadara is pleased to announce that it has formed a partnership with Monochrome – a specialist investment management firm offering leading regulated access to crypto assets, such as Bitcoin and Ethereum.
This partnership provides our clients with access to a new range of co-branded crypto related Structured Investments, such as our recent tax-effective, leveraged Bitcoin trade.
Monochrome has pioneered regulated Bitcoin access in Australia as the investment manager of the first exchange-traded fund offered under an AFSL with a crypto-asset authorisation. The firm created Australia’s first—and currently only—Bitcoin ETF that directly holds Bitcoin, featuring a unique in-kind subscription and redemption facility for both retail and wholesale investors.
The new range of Structured Products will initially offer unhedged access in AUD, or direct access in USD, and we’re currently working with one of our Prime Brokers to offer direct access to crypto based Structured Products in Australian Dollars.
The partnership extends beyond Structured Investments, as clients can now obtain finance by lodging their digital assets, like Bitcoin and Ethereum, as collateral. Investors can access an LVR of of to 70% on terms of up to 4 years, with a competetive fixed interest rate of 5.85% per annum.
Shaun Cartwright, CIO of Anadara said: “Anadara’s partnership with Monochrome allows us to provide a range of crypto and digital-asset based structured investments in Australia that until now, have been almost impossible to access. Monochrome has pioneered digital asset management in Australia with the regulation first approach” and we’re exicting to leverage our combined capabilities to offer something uniquie in Australia.”
Jeff Yew, Founder of Monochrome said: “Monochrome was built to bridge the gap between digital assets and traditional finance. Through our partnership with Anadara, Monochrome Capital is extending this mission by delivering structured investment solutions that offer sophisticated investors institutional-grade access with a transparent approach”
This partnership represents an exicting milestone for both companies, as they work together to bridge the gap between regulated and unregulated access to crypto and digital-asset products to the investment community.
Learn more about the partnership HERE
