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VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market

PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with institutional investment manager, UNCAP Investment Management, providing the fund with access to proprietary portfolio rebalancing tools and indexes to enhance investment returns from the cryptocurrency markets.

VegaX clients are globally distributed, with a recent influx of new traditional funds and institutions actively seeking the firm’s crypto index products and technology. VegaX CEO, Sang Lee noted, “As the crypto market hit an all time high of USD $3 Trillion in 2021, traditional fund managers and institutions globally could no longer deny the importance of the asset class and the diversification potential that the crypto market provides. Sophisticated firms like UNCAP recognize the long term opportunities the crypto market creates, allowing VegaX to be an ideal partner in providing the technical infrastructure to support the firm’s needs. We look forward to a long term relationship with the UNCAP team.”

As institutions and funds actively explore opportunities to participate in the crypto market, various difficulties are faced including onboarding, custody, security, and access to secure return enhancing crypto products. VegaX provides solutions to these difficulties with a suite of crypto investment products, tools, and services, making it efficient for traditional funds and institutions to benefit from the crypto market in its early stages. “VegaX, through their unique product offerings and services, has been paramount to the launch and growth of our fund. We are confident that institutional investors of all sizes will have an outstanding experience working with the VegaX team, and we look forward to sustained growth together in the future” noted UNCAP Managing Director, Jeremy Sziklay.

About VegaX Holdings:

About UNCAP Investment Management:

UNCAP Investment Management is a boutique cryptocurrency and blockchain-focused alternative investment firm. UNCAP’s flagship offering is a Cayman domiciled hedge fund, which features an opportunistic multi-strategy approach, including quantitative trading, arbitrage, structured products, liquid token selection and project level investment. Through utilizing long-biased products, alongside yield generation and early-stage investments in VC projects, UNCAP seeks to capture the upside of the asset class and mitigate downside over time.

Leadership:

Sang H. Lee – CEO

Natasha Bansgopaul – COO

Media Contact:

212-457-8974

VegaX URLS:

 

 

 

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