TradeTogether, a Singapore-based digital asset management startup launches Robo-Advisor Crypto solution for everyday investors.
Singapore-based digital asset management startup TradeTogether is on track to launch a series of Pocket Fund Strategies for Accredited Investors to invest in the cryptocurrency space. The first of its kind, their Robot Advisor solutions help clients pre-select their portfolios through an application. At the same time, their team of Fund Managers focuses on delivering targeted returns for customers based on their risk preferences.
Geoff IRA will serve as Chief Executive Officer and Jordan KO as Chief Strategy Officer of TradeTogether. The duo were former colleagues at SC Ventures, and together, cumulates over three decades of experience in the Corporate & Investment Banking (CIB) and IT industries. As leaders in the fintech space, they were exposed to the digital assets space since 2013 but only began to develop their passive asset investment engine — when they founded TradeTogether to help their clients achieve consistent returns in the crypto space.
Their Minimum viable product (MVP) is currently in the beta stage. The founders seek to kickstart their activities under the supervision of Monetary Authority of Singapore (MAS) and in accordance with the Securities and Futures Act. So, for the time being, this will be done through private placement restricted to institutional and accredited investors.
According to Geoff — who was instrumental in implementing the New Payment Method Policy and Payment Services guidance in 2019 with the Standard Chartered Bank Group — it is prudent to proceed step-by-step when offering a range of products in the new digital asset management space. ‘’We have to go about it on a point-by-point basis, and work in compliance with the regulator from an Anti-Money Laundering (AML) risk point to ensure Customer Protection to Licensing.”
Looking at the potential of their methodology, Jordan explains, ‘Our investors are interested in securing consistent, reliable, medium- to long-term returns. Like any traditional product in the financial sector, they want their portfolio to be managed by a core group of experts, by traders and bots that are monitoring the crypto market 24/7 to capitalise on upsides and minimise downsides.” Geoff adds, ‘’Mitigating that volatility with our Investment Model is at the core of our market offerings, and I think Investors will be pleased with the potential.”
The potential upsides that TradeTogether offers are huge — with a Risk-Based Capital mindset targeting from 12 percent to 35 percent with bonus payouts depending on investor risk appetites over 12 months.
The company has acquired substantial VC funding with a total value of US $500 000 from few investors.
While much of the products and Dashboard interface will only be available in December 2021, the Beta testing phase is in course. The Management Team is looking forward to kick start through a small personal offer, subject to MAS Approval.
Follow TradeTogether Linkedin for tips and updates on crypto market trends.
Or, simply connect with the friendly founders Geoff and Jordan who has a huge wealth of insights in how digital assets and crypto investments can be made simple, safe and rewarding!
