Digital fund management company Halogen Capital announced the launch of the actively managed crypto fund Halogen Shariah Crypto Titans Fund (HSCTF).
According to the fund's information memorandum, HSCTF aims to invest heavily in a basket of Shariah-compliant digital assets traded on the Digital Asset Exchange (DAX) licensed by the Securities Commission of Malaysia (SC). HSCTF will invest 70% to 100% of its net asset value in at least four Shariah-compliant digital assets. In addition, up to 70% of the fund's ETH holdings are used for Ethereum network verification activities, namely PoS staking. (The Edge Malaysia)