ITI Funds raises $5 million to make alternative and crypto assets more accessible to investors

Last week, ITI Funds announced that it attracted $5 million from two major investment firms, Moscow-based Da Vinci Capital and Paris-based Mantra Investment Partners, and unnamed private investors.

Earlier this year, ITI Funds launched “one of the world’s first institutional crypto fund,” intended to “make crypto investment available to institutional investors.” With $70 million worth of assets, this fund invests in early-stage projects through private sales as well as in liquid assets.

Aiming to become “a unique gateway to crypto asset classes for institutional asset managers,” ITI Funds plans to launch “a dedicated crypto fund infrastructure” in December 2018, as well as several other crypto access products in the course of next year.

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