The Blockchain Terminal: A Bridge that Connects Hedge Funds to Crypto Assets and Blockchain Technology

The Blockchain Terminal: A Bridge that Connects Hedge Funds to Crypto Assets and Blockchain Technology

The hedge fund industry is a $3 trillion market. However, it has been a wild ride for many hedge funds in the last couple of years. In 2016, a whopping $112B was pulled from the hedge fund industry, striking fear in the hearts of most managers.

A report from Preqin at the end of August 2017 showed that a good part of the challenge was due to a negative perception of the industry as a result of weak performance in recent years coupled with high fees.

As a result, you can bet that hedge fund managers watched closely as the crypto-boom of 2017 reverberated around the world.

Despite being famed for their willingness to take risks, most hedge funds have been forced to watch the upward climb of cryptocurrency prices with their hands tied due to investment mandates and security issues.

All of that is quickly changing, however, as new ways for hedge funds to get involved are emerging. In fact, a BarclayHedge survey of hedge fund managers from late September 2017 revealed that 24% of hedge funds interviewed “responded that they either currently invest or plan to invest [in cryptocurrencies] within the next six months.”

A big part of the reason for the industry’s slowness to embrace cryptocurrencies is that the industry is accustomed to performing analyses on investments with tools that cannot be applied to the crypto asset class.

In other words, the hedge fund industry — which spends $2.3 billion a year on technology — requires institutional-grade information technology tools specifically designed for the crypto space before hedge funds will enter the crypto space.

The solution to this conundrum is the Blockchain Terminal: a platform for best of breed data, analytics and execution solutions that will give hedge funds and other institutional investors the tools they need to enter the world of cryptocurrencies.

The goal of the Blockchain Terminal is to facilitate real-world trust relationships between financial asset managers, auditors, and regulators. The gas for the system will be an Ethereum ERC20 token, the BCT token, that will be used to purchase apps and pay transaction fees within the ecosystem.

The Blockchain Terminal will thus enable the hedge fund industry’s entrance into cryptocurrency asset class investing.

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