Last year Arcane Crypto launched its research content as the first module on the platform and highlighted that it plans to introduce the investment application. Now the platform continues to build its own digital infrastructure.
Arcane Crypto Continues to Build Digital Asset Infrastructure
Arcane Crypto is an investment company that develops early-stage businesses in the blockchain-powered digital assets sector as part of a ‘buy-and-build’ strategy. Currently, the company has five fully owned and four minority-owned businesses across payments, trading, asset management, research and media. It has been listed on the Nasdaq First North alternative market since February 2021.
Main Focus
After acquiring businesses with key capabilities in the digital asset space, Arcane Crypto now focused on developing a fully regulated wealth management platform that will provide access to products offered by several of its entities under one roof. This includes research, brokerage and investment services. Thereby, Arcane Crypto aims to complete its mission of enabling the adoption of digital assets worldwide.
The company intends to tailor its infrastructure to the needs of family offices and HNWIs to become their trusted single point. Management highlighted that these two groups drive most of Arcane Crypto’s activity and believes they are underserved with respect to digital asset services by their private banks and wealth managers. This is because the latter do not have the necessary knowhow and infrastructure and are concerned about regulatory uncertainty related to digital assets. However, belief in decentralised and open finance still remains. The majority of investors are in agreement that digital assets are a new permanent feature of the investment landscape.
Now, when the company built or bought many of the elements needed for a unified SaaS layer, it is now aiming to stitch them together under one roof.
The latest reports show that the platform is currently aiming its unified proposition at family offices, wealth managers and other boutique institutions. It offers a single point of access which it believes could drive a cascade of thousands of businesses, and millions of users, onto its platform. With all these features, Arcane positions itself as the transparent digital asset business that regulators and market participants can trust.
Source
www.arcane.no
Check out more of our latest news here
Leave a comment