Latest news with #3iQ
Yahoo
05-06-2025
- Business
- Yahoo
Crypto Investment Firms 3iQ, Criptonite Debut Structured Investment Vehicle in Switzerland
Crypto asset manager 3iQ has debuted one of its hedge fund products as an actively managed certificate (AMC) with the Swiss regulated partner Criptonite Asset Management, the companies said on Thursday. AMCs are regulated investment vehicles that allow qualified investors to invest in actively managed products. The new structured product is due to trade on Swiss Exchange SIX. The 3iQ Criptonite Multi-Factor AMC is a hedge fund that uses a long/short strategy, taking advantage of market uptrends and downtrends with dynamic positioning, according to a press release. A pioneer in the crypto trading arena, 3iQ was one of the first fund managers to list a bitcoin fund, with its Bitcoin Fund on the TSX, and the first with a publicly listed ether fund, also in Toronto. 'Talented managers have migrated to digital assets demonstrating their ability to generate the alpha that they previously achieved in traditional markets,' Criptonite CEO Florian Rais said in a statement. Sign in to access your portfolio
Cision Canada
22-05-2025
- Business
- Cision Canada
3iQ Appoints Vladimir Plessovskikh as Chief Financial Officer
Veteran finance executive with experience scaling digital assets joins at an exciting time for 3iQ, when global regulation is becoming more comprehensive. TORONTO, May 22, 2025 /CNW/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, is pleased to announce it has appointed Vladimir (Vlad) Plessovskikh as Chief Financial Officer (CFO). Mr. Plessovskikh is a seasoned finance executive with over 15 years of experience across a variety of specializations, including scaling digital assets, marketing, and mobile technology ventures. He has a proven track record of launching and exiting multimillion-dollar companies through mergers and acquisitions and delivering transformative insights at the board and C-suite levels, while identifying and capitalizing on emerging market opportunities. Mr. Plessovskikh was most recently CFO of Montreal-based prop-tech firm Landerz, where he worked directly with banks and private equity groups to secure funding, and to develop and implement comprehensive financial infrastructure and processes. He co-founded Fitolio, a privately owned fitness app provider, and a multi-location crypto mining business which was later sold to two publicly listed entities. "As we continue to blaze a trail with the launch of increasingly innovative digital asset products, it is important that we attract the right people to our C-Suite," said Pascal St-Jean, President and CEO of 3iQ. "Vlad's background and experience complement 3iQ's drive to provide transparent and regulatory compliant digital asset investment products globally." Mr. Plessovskikh began his career in EY's Canadian audit and tax division, working with both private and publicly listed companies, performing audits for banks and pensions funds and providing expertise to enhance their fund accounting practices. He is fluent in English, French, and Russian, obtained his MBA from Concordia University and is also a Chartered professional accountant. "As an award-winning industry leader in the digital asset space, it is very exciting to join 3iQ, especially at a time when regulatory clarity is emerging in many jurisdictions across the world," said Vladimir Plessovskikh, CFO of 3iQ. "As adoption continues to grow, it is important to provide best-in-class investment products so that investors can obtain exposure to this asset class via responsible providers such as 3iQ. I am eager to begin working with the driven and passionate team here to continue the momentum." About 3iQ Digital Asset Management Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum ETP's boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit Media Contacts for 3iQ Europe Angus Campbell Nominis Advisory [email protected] North America Ryan Graham JConnelly +1 862-777-4274 [email protected] Julie Mercuro JConnelly +1 973-349-6471 [email protected] Disclaimer This release is for informational purposes only, and the content contained herein should not be considered investment advice or a solicitation, offer, or recommendation to sell or buy any asset, strategy, or product. Investing in digital assets involves a high degree of risk, including the loss of principal.
Arabian Business
08-05-2025
- Business
- Arabian Business
Middle East's first digital asset multi-strategy fund launches via AltNovel and 3iQ partnership
AltNovel, an Abu Dhabi-based private markets platform regulated by the Financial Services Regulatory Authority (FSRA), announced a partnership with 3iQ, the global digital asset investment manager, to launch the AltNovel Digital Access Portfolio, described as the first-ever digital asset multi-strategy fund in the Middle East. The digital asset hedge fund seeks to deliver high absolute returns with a reduced correlation to traditional assets and hedge funds. It also seeks improved risk-adjusted returns versus other assets such as Bitcoin, stocks and other digital assets. 'It aims to deliver lower volatility and drawdowns relative to long-only digital assets targeting annualised returns of over 20 per cent and mitigating drawdowns to as low as 2.4 per cent,' AltNovel said. Designed for professional qualified investors, the fund will combine 3iQ's expertise in digital asset management with AltNovel's innovative portfolio structuring to offer a diversified and balanced exposure to this rapidly growing asset class, it said. 'This partnership is a milestone for AltNovel as we continue to focus on bringing high-quality investment solutions to private investors in the GCC from our home in the ADGM,' said Stergios Voskopoulos, CEO of AltNovel. 'Digital assets represent the next frontier in portfolio diversification, and this collaboration with a sector leader like 3iQ aligns with our commitment to offering forward institutional-grade, highly customisable digital asset investment opportunities tailored to their evolving needs,' he said. Pascal St-Jean, President and CEO of 3iQ, said that as part of its global expansion plan, the company is excited to partner with AltNovel to bring its expertise in risk management and digital asset strategies to the region. 'The United Arab Emirates is at the forefront of financial innovation and robust digital assets regulation. We are seeing an increasing demand for institutional risk-managed solutions,' he said. The companies said the fund will provide diversified exposure to digital asset investment strategies with the objective of reducing volatility while delivering superior returns.
Cision Canada
29-04-2025
- Business
- Cision Canada
3iQ Solana Staking ETF (TSX: SOLQ, SOLQ.U) Secures Investment from ARK Invest
The ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF) have invested in the 3iQ Solana Staking ETF (TSX: SOLQ, SOLQ.U), becoming the first US listed ETFs to gain exposure to Solana and the network's staking rewards In August 2024, ARKW and ARKF also invested in the 3iQ Ether Staking ETF (TSX: ETHQ, ETHQ.U), which became the first ETF in North America to incorporate staking Ether into its investment strategy TORONTO , April 29, 2025 /CNW/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, is pleased to announce that the 3iQ Solana Staking ETF (TSX: SOLQ, SOLQ.U) has attracted investment from ARK Invest (ARK), the prominent ETF and investment management firm led by Cathie Wood. ARK has invested over $10 million cumulatively into SOLQ via the ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF). This investment marks a significant milestone, making ARKW and ARKF the first U.S.-listed ETFs to gain exposure to Solana—a public blockchain designed for decentralized applications—and its staking rewards. 3iQ's SOLQ was selected by ARK as it uniquely provides access to both the price performance of Solana and the network's staking rewards—an investment profile not currently offered in U.S.-listed ETFs. This reflects 3iQ's continued leadership in Canada, a global hub for digital asset product innovation, allowing the firm to bring unique strategies like SOLQ to market. Pascal St-Jean, President & CEO at 3iQ, said: "We are delighted to welcome Cathie Wood's ARK Invest as investors in 3iQ's Solana Staking ETF. Attracting such like-minded innovators in investment management is a ringing endorsement of our leading product. Providing both institutional and qualified investors around the world with exposure to technologies that are reshaping the financial and digital ecosystem is what 3iQ is most passionate about." Cathie Wood, CEO & CIO, ARK Invest, said: "At ARK Invest, we seek to invest in technologies and ecosystems that we believe are poised to revolutionize the way the world works. Solana represents a high-performance blockchain infrastructure with significant potential for decentralized applications and finance. Through 3iQ's Solana Staking ETF, we gain direct exposure to this growing network along with its staking economics, in a structure that aligns with our commitment to innovation and investor access." Launched on April 16, 2025, on the Toronto Stock Exchange (TSX), SOLQ features a 0% management fee for the first 12 months, making it among the most competitively priced digital asset ETFs available. SOLQ invests in long-term holdings of Solana (SOL) purchased from leading digital asset trading platforms and over-the-counter (OTC) counterparties and seeks to provide investors with attractive staking rewards. SOLQ is the largest Solana ETF, having already amassed over $120 million Canadian in assets under management. SOLQ is available to qualified investors globally, subject to local regulations. To learn more about the 3iQ Solana Staking ETF (SOLQ) and 3iQ's trusted expertise and well-established history of working with regulators, please visit About 3iQ Digital Asset Management Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum ETP's boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit About ARK Investment Management LLC ARK Investment Management LLC is a federally registered investment adviser and privately held investment firm. Specializing in thematic investing in disruptive innovation, the firm is rooted in over 40 years of experience in identifying and investing in innovations that should change the way the world works. Through its open research process, ARK identifies companies that it believes are leading and benefiting from cross-sector innovations such as robotics, energy storage, multiomic sequencing, artificial intelligence, and blockchain technology. ARK's investment strategies include Autonomous Technology and Robotics, Next Generation Internet, Genomic Revolution, Fintech Innovation, Space Exploration & Innovation, 3D Printing, Israel Innovative Technology, the overall ARK Disruptive Innovation Strategy, and the ARK Venture Fund. For more information about ARK, its offerings, and original research, please visit For additional information regarding ARK's funds, please visit Media Contact – Europe Angus Campbell Nominis Advisory [email protected] Media Contact – US Ryan Graham JConnelly +1 862-777-4274 [email protected] Julie Mercuro JConnelly +1 973-349-6471 [email protected] Important information Please read the prospectus before investing. Important information about the ETF is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy securities. Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States, including to US news wire services. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. Securities of the ETF have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. Neither this announcement, nor the fact that it has been disseminated, shall form the basis of, or be relied upon in connection with, any future information that we distribute.
Yahoo
22-04-2025
- Business
- Yahoo
ARK Invest Funds Become First U.S. ETFs To Add Exposure to Solana Through 3iQ's Staking ETF
ARK Invest, led by Cathie Wood, has become the first U.S.-listed asset manager to gain exposure to Solana through an ETF. Two of its funds—the ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF)—purchased 237,500 shares each of the 3iQ Solana ETF (SOLQ), which is listed in Canada. This investment follows the recent approval by Canadian regulators of several spot Solana ETFs, including 3iQ's, which began trading on the Toronto Stock Exchange on April 16. The 3iQ Solana ETF allows investors to gain direct exposure to Solana while earning staking rewards. It is currently the only regulated investment vehicle of its kind for Solana available in North America. Although a spot Solana ETF has not yet been approved in the U.S., this move by ARK marks an indirect method for U.S. investors to access Solana through a listed fund. Solana is the second-largest blockchain by total value locked (TVL), standing at over $7 billion, behind Ethereum's $45 billion. Known for its fast and low-cost transactions, Solana has emerged as one of the top blockchains for decentralized applications. Despite some past network outages, it continues to see growing adoption and developer interest. The ARK funds that made the investment—ARKW and ARKF—are actively managed ETFs focused on disruptive innovation and financial technology. They already hold positions in companies such as Coinbase, Robinhood and Block. By adding SOLQ, they expand their exposure to crypto beyond Bitcoin and Ethereum. ARK also holds positions in 3iQ's Ether Staking ETF and manages the ARK 21Shares Bitcoin ETF (ARKB), a U.S.-listed spot Bitcoin ETF that holds nearly $4 billion in assets. This step reflects a broader trend of increasing institutional interest in digital assets. Several traditional firms are exploring crypto trading services, while additional crypto ETFs, including those for assets like XRP, Litecoin, and Dogecoin, are currently under review by U.S. regulators. The launch of Solana futures on the Chicago Mercantile Exchange has also raised expectations that a U.S.-listed Solana ETF may be approved in the future. Although regulatory uncertainty remains a hurdle in the U.S., asset managers are finding workarounds by tapping into Canadian offerings. The U.S. regulatory environment has been slowly shifting, with agencies like the SEC, CFTC, and FDIC aiming to streamline their approaches to digital assets. For now, ARK's use of the 3iQ Solana ETF provides a legal route to gain exposure to Solana, reinforcing its position as a major crypto investment vehicle within traditional finance. Sign in to access your portfolio
