The Bitcoin-multiplying fund for crypto-bullish investors is now open for trading
LAS VEGAS, NEVADA May 18 2022— ICOA Inc. (OTC PINK: ICOA), a publicly-traded Nevada-based company that acquires exciting blockchain-driven ventures, has announced that The ICOA Fund is now live and available for subscription.
As a Bitcoin-denominated sub-fund of a VCC structure regulated under the Monetary Authority of Singapore (MAS), The ICOA Fund’s principal strategy is to identify opportunities on the volatility surface, to exploit arbitrage opportunities in key derivatives markets, and to incorporate AI and quantitative methodologies to scale in on promising options.
It offers unparalleled safety features like insurance coverage and underwriting for public offering security insurance (POSI).
For maximum security, the fund’s crypto assets are safeguarded through a hybrid infrastructure in custody with CGCX.io, the world’s first fully-insured crypto exchange. The fund additionally utilizes a state-of-the-art suite of security-focused tools and services provided by Copper.co. Underpinned by multi-award-winning custody, this partnership makes it possible for the fund to reliably and safely acquire, trade, and store cryptocurrencies.
Pushing the emphasis on safety further, all investors shall be accredited investors as defined by MAS, and shall undergo KYC/AML verification. Investment subscription contracts are also held in custody by regulated entities, and The ICOA Fund digital assets are held in storage secured by multi-signature verification.
The fund’s philosophy is based on a maximum of 70% of investment going towards BTC yield generating strategies, and a maximum of 30% into Market Making and liquidity pools of carefully selected projects. The three core trading strategies employed are Covered Call, Negative Gamma, and Volatility Trading.
Through the Covered Call strategy, an algorithm will identify market opportunities in real-time, assessing the probability of trade success. The AI program will calculate the confidence of success of a trade based on historical parameters against current market parameters. It will also observe risk-free opportunities instantaneously due to market inefficiencies across exchanges.
In the Negative Gamma strategy, fundamental blockchain analysis will be utilized to identify medium-term trends. Technical analysis will be used in tandem to reinforce the blockchain analysis. Furthermore, Volatility Trading will be called upon for directional trading, relative value trading, efficient portfolio construction, exchange arbitrage, and forward-looking lead indicators used to preempt directional moves.
ICOA CEO Hadria Wong comments on the launch, “The ICOA team is excited to release The ICOA Fund to the crypto community. Following the success of BGBF-1, our first fund, we are confident our new fund will make a fantastic impact. By combining our networks, strengths, and visions, we know we are stronger than ever— and look forward to pouring that fortitude back into this exciting project.”
For more information, please visit https://icoa.fund. Interested parties are directed to send any questions on the fund to invest@icoa.tech.
-ends-
Notes to editors:
For further information, please contact pr@icoa.tech.
About ICOA
ICOA is a publicly-traded Nevada-based company operating in the fintech, blockchain, decentralized finance (DeFi), and cryptocurrency spaces. Establishing itself as a heavyweight in the innovative tech space through introducing millions of people— across forty states— to wired and wireless broadband networks, ICOA now looks to the next wave of transformative technology— blockchain.
The highly experienced ICOA team supports its investors through strategic acquisitions, identifying the most promising and exciting opportunities across the whole blockchain ecosystem. By acquiring or partnering with a spectrum of deliberately chosen projects or teams from key verticals, ICOA delivers on its mission of bringing digital assets to every portfolio and making blockchain opportunities accessible and safe for retail and institutional investors alike.
For more information on ICOA, visit its company website here.
SAFE HARBOR STATEMENT:
This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company’s control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
