Swiss Fintech Amun has won experienced investors for its first round of financing. The company’s goal is to facilitate access to cryptocurrencies as an asset class.
Founded last past summer, the start-up company Amun has completed its first round of financing totaling 4 million francs and has brought a number of experienced investors on board. Investors include Adam Draper, founder and managing director of Boost VC, Graham Tuckwell, founder of ETFS Capital, Greg Kidd, co-founder of Hard Yaka, and four family offices, according to a Tuesday announcement.
In November 2018, Amun launched the world’s first exchange-traded index product (ETP) on the five cryptocurrencies BTC, ETH, BTC Cash, XRP and Litecoin on the SIX Swiss Exchange.
Further listings planned
Shortly thereafter, the company introduced two additional ETPs, all of which are listed on the SIX Swiss Exchange. Further products are to be brought to market in a timely manner, as we learned later.
“We believe in the long-term success of cryptocurrencies and look forward to working with the tech and financial experts we could win. Our job is to make it easier for investors to access cryptocurrency as an asset class, “said Hany Rashwan, CEO and co-founder of Amun.
Also published on Medium.