Investment firm Galaxy Ventures has headed a $3.2 million pre-seed round for tech company Truvius.
In the rapidly evolving world of cryptocurrency, a new player has emerged: Truvius, a platform offering investment strategies in the digital asset space. Founded by Connor Farley and Max Freccia in 2022, the company traces its roots to quantitative finance.
Truvius has recently secured a $3.2 million pre-seed round, led by Galaxy Ventures, with participation from New Form Capital and Chainview Capital. This funding will be instrumental in further developing the platform and expanding its offerings.
One of the key partnerships that Truvius has formed is with Federally chartered crypto bank Anchorage Digital. This partnership provides clients with authorized custody and trading services, ensuring a secure and compliant environment for investments. However, it's important to note that Truvius does not offer non-custodial asset management services.
The platform's investment offerings are governed by its status as a registered investment adviser with the U.S. Securities and Exchange Commission (SEC). This regulatory compliance is a testament to Truvius' commitment to transparency and accountability.
Truvius offers both active and passive crypto investment options for indices and model portfolios. The minimum investment amounts for these vehicles range from $15,000 to $50,000, making them accessible to a wide range of investors, whether individual or institutional.
The platform allows investors to explore various crypto sector-specific and size-specific standalone indices and diversified model portfolios for investment opportunities. The SMA technology stack used by Truvius is designed to offer these investment strategies.
However, a search for specific information about Truvius' investment options, partnerships, or regulatory compliance details beyond what has been stated here did not yield any additional findings. For the most accurate and up-to-date information, it is recommended to consult official Truvius sources, such as their website or regulatory filings, or contact their customer support directly.
Connor Farley, co-founder of Truvius, argues that the company's roots in quantitative finance provide them with a key differentiating edge. This focus on data-driven strategies and rigorous analysis is expected to set Truvius apart in the competitive cryptocurrency market.
Despite the lack of detailed information available at this time, the launch of Truvius and its partnerships with industry leaders like Anchorage Digital and its successful funding round are promising signs for the future of this innovative platform. As Truvius continues to grow and evolve, it will be interesting to see how it shapes the cryptocurrency investment landscape.
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