Singapore-based crypto platform Coinhako has launched Coinhako Treasures, its institutional arm offering a suite of structured products for institutional and high net worth clients.
In a statement, the company says the structured products offer a safer avenue to generate enhanced yield on digital assets via the monetisation of the underlying cryptocurrency volatility — which is comparatively higher compared to the other traditional assets.
“These structures will be familiar to our clients as they are also being offered in the traditional finance space. With the launch of these institutional products, we are taking a risk-adjusted return approach with our goal of growing our institutional clients’ assets values over the long term,” says Coinhako head of trading Kelvin See.
Currently, Coinhako’s quant team is developing various Quantitative Investment Strategies to generate enhanced alpha for its institutional investors in the crypto space. Coinhako Treasures’ pipeline includes additional structured products such as principal protected crypto notes as well as crypto index funds.
Coinhako co-founder and CEO Yusho Liu says the company has been using the “crypto down-time” as an opportunity to build on its institutional services. “We are seeing increased interest in this vertical and we are well positioned to provide quality service alongside sophisticated offerings.
“Through our commitment to security and reliability, institutional investors can have the assurance and confidence in participating in the crypto industry. We believe institutional flows into the market will continue to grow and serve as a crucial driver for future crypto innovation and adoption,” adds Yusho.
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In the first half of 2022, Coinhako’s institutional investors’ trading volume was up by 300% compared to H12021. Despite the volatility in both traditional and crypto markets in 2022, Coinhako recorded a 50% increase in the average trade amount from institutional investors between January 2022 and June 2022.
Coinhako was granted the official approval for a Major Payment Institution license from the Monetary Authority of Singapore in May, allowing it to formally operate as a regulated provider of Digital Payment Token Services under the Payment Services Act.
