Calling itself a «
cryptocurrency arbitrage fund», Bitcoins Reserve hopes to buy low on one exchange and sell high on another, using automated trading software that it has developed itself.
Not exact matches
Virgil Capital is a hedge
fund founded in 2016 that specializes in
cryptocurrency arbitrage.
This will allow the
fund to profit from holding valuable
cryptocurrencies as the blockchain industry grows, as well as from the
arbitrage opportunities that come from volatility and market contraction.
DeCleene launched a US$ 5 million Singapore - based global
fund in November to invest in
cryptocurrencies, blockchain - related equities and some exploratory
arbitrage trading.
The
arbitrage funds operate much like retail traders, buying and selling
cryptocurrencies simultaneously on two different platforms, but on a much larger scale.
Further, the
fund will also seek to make profits through
arbitrage opportunities by looking into price differentials of
cryptocurrencies among domestic and foreign exchanges.