Cross Light Capital and Affin Bank launch digital asset fund

Cross Light Capital and Affin Bank have announced the launch of a digital asset fund. It is said to be an actively managed fund aimed at entering the digital asset field through exchange-traded funds (ETFs) and exchange-traded products (ETPs). Affin Bank will distribute the Cross Light Capital Performa Digital Asset Fund through its banking solution, Affin Invikta. The Performa Digital Asset Fund plans to invest in bitcoin, ether, and blockchain-related companies through publicly listed investment tools. It is reported that one-third of the fund will be invested in bitcoin ETP, one-third in Ethereum ETP, and the remaining portion in blockchain-related stocks.