Sharpe Capital, a tech-driven investment fund specializing in global financial markets, has announced an advisory partnership agreement with TaaS (Token-as-a-Service), a tokenized closed-end fund dedicated to blockchain assets.
Sharpe Capital is developing a platform to crowd-source market sentiment on global equities and blockchain assets, paying service fees in Ethereum to users in return for their insights.
What is Paper Trading and Why it Matters?Go to article >>
The cooperation agreement between the two projects was finalized following a meeting at a recent blockchain conference in Kiev, Ukraine, which was co-hosted by TaaS and attended by Sharpe’s co-founders Lewis Barber and Dr. James Andrew Butler.
Chief Investment Officer of Sharpe Capital, Dr. Butler, commented: “It is a fantastic opportunity for synergy between the leading blockchain fund TaaS and the Sharpe Platform suite of products, including our market sentiment crowd-sourcing application and machine learning-driven investment funds. TaaS Fund’s advice has already proven invaluable and I’m really looking forward to what will no doubt be a prosperous relationship for both parties.”
Sharpe Capital will issue a SHP tokens via the Ethereum blockchain during a 7 day discounted pre-sale beginning 6th November, with $1.4 million whitelist registration places remaining. This will be followed by a 28 day crowd sale, with a total cap of $20 million. SHP permits participants to provide sentiment, and institutional investors to access their cloud-based quantitative trading model tools. Sharpe Capital will also operate a proprietary investment fund, both in global equities and blockchain assets, with plans to issue a derivative token instrument tied to its performance in Q1 2019.