KB Bank to Launch South Korea’s First Crypto Investment Fund

TokenInsight news, Kookmin Bank, South Korea's largest bank, has announced that it will launch South Korea's first cryptocurrency investment fund and is expected to include a type of crypto index and ETFs. The current plans are to launch a crypto investment index fund and a fund that utilizes an Outsourced Chief Investment Officer (OCIO), also referred to as outsourced investment management, in order to provide guarantees on principal investments. The OCIO fund may also be used in retirement pensions. It is said that the investment fund will be the first investment fund offered by a bank in Korea.
Source
Related News
Bessemer Venture Partners Establishes $250 Million Investment Fund Focused on Decentralized Technologies and Launches BessemerDAO Bessemer Venture Partners Establishes $250 Million Investment Fund Focused on Decentralized Technologies and Launches BessemerDAO
Spartan Group Launches $200 Million Metaverse Fund Spartan Group Launches $200 Million Metaverse Fund
Goldman Sachs Is Offering Galaxy Digital's ETH Funds to Interested Clients Goldman Sachs Is Offering Galaxy Digital's ETH Funds to Interested Clients
Bain Capital Launches $560 Million Crypto Fund Bain Capital Launches $560 Million Crypto Fund
FTX Launches Philanthropic Fund FTX Future Fund FTX Launches Philanthropic Fund FTX Future Fund
Latest News More More
16 Hours Ago RWA Protocol Ondo Finance to Launch Tokenized Security
18 Hours Ago Bitwise Thinks Spot Bitcoin ETF to See the Next Wave of Institutional Capital as Major Brokerage Firm Open Gate
18 Hours Ago Blast Launched Mainnet, Unlocking $2.3B Staked Assets
1 Day Ago Morgan Stanley Considering Add Spot Bitcoin ETF to its Brokerage Platform
1 Day Ago Bitcoin Staking Protocol Babylon Launched Testnet
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open