Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, September 29 2021 - 07:00
AsiaNet
Victor Smorgon Group Invests in Crypto Asset Investment Platform Zerocap
MELBOURNE, Australia, Sept. 29, 2021 /PRNewswire-AsiaNet/ --

- Move Aims to Increase Diversification and Exposure to Technologies of the 
Future

Australian-based family office of the Smorgon family, Victor Smorgon Group 
(VSG) has today announced that it has taken an equity stake in leading crypto 
asset investment platform Zerocap [https://zerocap.com]. Facilitating the 
family's first investment in the asset class in 2020, VSG has closely followed 
the firm's growth, ultimately investing to capture upside in an agile business 
that is leading the rapidly expanding crypto sector.

The investment followed a comprehensive due diligence process before capital 
was allocated with Zerocap. The team at VSG were particularly impressed by the 
exceptional team with a cross-section of blockchain experts and institutional 
portfolio managers, comprehensive custodial and insurance arrangements, and 
wide variety of unique funds and tailored products offered by the structured 
solutions desk.

Peter Edwards, MD, Victor Smorgon Group: "Once we realised we wanted exposure 
to the asset class, we searched globally for a solution that could mirror our 
internal compliance processes for investing, and found Zerocap to be amongst 
the leaders in their field, and fortuitously, local. The crypto world is 
difficult to navigate, given its infancy, and the solution Zerocap implemented 
for our group gave us comfort to recommend their services to other family 
offices interested in beginning an investment journey. We are really happy to 
be joining Zerocap and look forward to working together for the business's 
exciting future."

Ryan McCall, CEO, Zerocap: "Having VSG on board has enabled us to move swiftly, 
and realise our growth plans sooner than we anticipated. Institutional 
investors are beginning to realise the benefits to a portfolio that sensible 
exposure to crypto assets offers, being non-correlated and providing greater 
risk-adjusted returns. The next decade is set to see an explosion of innovation 
and creative disruption that will benefit those investors willing to embrace 
these changes."

On September 1st, Zerocap launched its first wholesale fund providing pure 
Bitcoin exposure, seeded with a material cornerstone investment from the 
family. This will be the first of many offerings the team plan to introduce, 
including a fund that reduces volatility and drawdown, and a market-timing fund 
utilising on-chain data to maximise returns.

Digital currencies provide access to a totally new asset class to invest in 
with considerable upside. Investment in crypto assets provides VSG exposure to 
blockchain technology as it moves into the mainstream.

About Zerocap 

Zerocap is Australia's only full-service crypto platform, providing unique 
investment products and secure custody to forward-thinking investors and 
institutions globally.

Zerocap brings a deep understanding of digital asset technology, trading, 
portfolio optimisation, custody and insurance, having processed close to a 
billion dollars of digital assets for private investors, family offices and 
institutions.

Zerocap creates bespoke solutions for investors to diversify their investment 
portfolio with Bitcoin and digital assets, through a range of regulated and 
direct exposure products across the volatility spectrum to fit with their 
desired levels of investment and risk.

Website: www.zerocap.com 

Source: Zerocap