The DAMMF is an actively managed fund designed to provide diversified exposure to a range of crypto hedge fund strategies. It aims to deliver long-term capital appreciation by leveraging multiple alpha sources across various managers and strategies. Accredited investors can access the fund through Moomoo Singapore’s relationship managers, expanding the availability of advanced digital asset products to high-net-worth individuals.
This collaboration is also Sygnum’s first foray into distributing an asset management product via an external platform. Both Sygnum Singapore and Moomoo Singapore hold Major Payment Institution (MPI) licenses, with Moomoo securing its license earlier this year.
Gerald Goh, Sygnum’s Co-founder and CEO for APAC, emphasized the significance of the partnership, stating, “DAMMF was created to provide investors with the opportunity for long-term capital appreciation by participating in the crypto megatrend. This collaboration is groundbreaking for the digital asset space, enabling us to better support Moomoo’s clients in managing their exposure to this asset class.”
Echo Zhao, Country Head for Moomoo Singapore, highlighted the increasing interest in digital assets among high-net-worth clients. “Many clients now view digital assets as essential to a modern and resilient portfolio. They seek not only diversification but also the opportunity to capitalize on the immense growth potential of this asset class,” Zhao said.
This partnership highlights the evolving landscape of crypto investments in Singapore, showcasing a growing synergy between traditional finance and digital asset innovation.
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