Hargay believes cryptocurrencies governed by open source networks are enabling a new paradigm for monetary systems and mechanisms to store and transfer value.
We integrated cryptocurrencies into our firm to ensure ease of investment for our clients without the hassles of bank runs.
Since the emergence of Bitcoin, we have witnessed the rise of a global battle among monetary systems, both sovereign and non-sovereign. Hargay believes cryptocurrencies governed by neutral, open source networks have the potential to win this battle.By unlocking a new mechanism to store and transfer value, cryptocurrencies have the opportunity to create an open foundation of strong assurances in wealth and monetary integrity.
The Investment Manager believes that cryptocurrency value and market share dynamics will be “power law distributed,” meaning that cryptocurrencies will capture the majority of value, and present impressive returns on the long run.
Conventional fiat currencies are subject to multiple restrictions and risks. For example, banks are vulnerable to boom and bust cycles in the economy. Sometimes, these situations can end in bank runs and crashes, as has occurred numerous times in the past. This means that users are not really in control of their money. Cryptocurrency promises user autonomy because its price is not linked to specific government policies. This means that users and owners of the cryptocurrency are in control of their money.
Through our 2019 acquisition of WAM, a pioneer in deploying a technology-enabled, Initial Coin Offering Firm, we manage additional strategies across global investment grade, high yield, and emerging cryptocurrency markets. We can now offer a full range of fundamental discretionary and systematic cryptocurrency to our clients and believe the combination of these fundamental based approaches further strengthens and differentiates our investment capabilities.
These supercomputers speed up day-to-day trading and maximise the effectiveness of the various algorithms. As a result, they improve almost every aspect of the trading process, from market data analysis to trade execution, and in a volatile market like Crypto, we must always be one step ahead of the competition to ensure impressive returns.
Ultimately, these computers have a major impact. With their incredibly effective capabilities and revolutionary technology, they will continue to be developed and enhanced, and may well prove to be the future.