coinIX and F10 with seed investment for Crypto Index Series
Hamburg, January 26th, 2022 - The Hamburg based investment company coinIX GmbH & Co. KGaA, which specializes in investments in digital assets and blockchain technology, is expanding its portfolio by investing into Crypto Index Series together with F10 Investment AG, the investment arm of F10, a Fintech and InsurTech incubator and accelerator, based in Switzerland, Spain and Singapore.
Crypto Index Series (CIS in short) provides institutional-grade, AI-driven data, trading & monitoring tools for Crypto Asset Markets.
CryptoIndexSeries™ simplifies daily operations for Asset Managers, Wealth Managers and Crypto Solution Providers by providing in-depth, reliable & trustworthy data, indicators & benchmarks, access to multiple trading venues and tools to manage multiple portfolios. This allows institutions to focus on their main strategic activities rather than spend time & resource tackling technological challenges in the market data, trading and portfolio space.
The UK startup, also acting as a Crypto Data Contributor for Refinitiv (operating under LSEG) lays the foundation for institutional investors and technology providers to facilitate professional data analysis, trading and monitoring of cryptocurrencies and incorporate it into their existing structures and trading systems. Crypto Index Series successfully graduated from the F10 Incubation Program in Zurich in December last year.
Susanne Fromm, CEO of coinIX is excited about the newcomer in coinIX's portfolio: "As Bloomberg does for traditional capital markets, Crypto Index Series provides data on the crypto market, adding tremendous value for institutional capital in analyzing and trading cryptocurrencies.”
"We are proud to be part of the Crypto Index Series journey. We are convinced Gökce, Richard and the team will be successful. Their end-to-end crypto solution provides big benefits to wealth managers, asset managers and any institution looking to provide crypto offerings to their customers", says Marc Hauser, Head of F10 Switzerland.
The coinIX GmbH & Co. KGaA was founded in Hamburg in 2017 as an investment company to build up expertise in the area of blockchain technology and crypto currencies as well as in the analysis, acquisition and management of digital assets. The coinIX team consists of specialists with many years of experience in asset management, venture capital and in the analysis of new technologies. coinIX invest via equity participations or by taking positions in virtual currencies including SAFTs. The company has made more than 40 investments to date. The company's shares are listed in the open market of the Dusseldorf Stock Exchange (ISIN DE000A2LQ1G5). www.coinix.capital
F10 is a global innovation ecosystem with offices in Zurich, Singapore, Madrid, and Barcelona. Our mission is to unite tech startups with big business to shape the future of banking and insurance. With its incubators and accelerators covering the fields of FinTech, InsurTech, RegTech and DeepTech, F10 supports and guides startups in transforming their ideas into successful companies while stimulating collaboration with international organizations. For more information, please visit www.f10.global.
Felix Krekel, CFO of coinIX GmbH & Co. KGaA