Monochrome Joins Industry Body FinTech Australia

BRISBANE, July 15, 2021 -- Monochrome Asset Management is proud to announce that it is joining FinTech Australia - a leading industry advocacy body in the Australian fintech industry. Australia has one of the world’s most dynamic fintech industries with more than 800 fintech companies in operation across the nation.

Monochrome’s CEO, Jeff Yew, said he was proud to be a part of FinTech Australia’s vast ecosystem of leaders in the space, working together to make Australia the leading market for Fintech innovation and investments.

FinTech Australia CEO Rebecca Schot-Guppy said: "We look forward to working with Monochrome and welcome its expertise on digital assets management and cryptocurrency to our community. It's a growing area of interest for the fintech ecosystem."

Monochrome Asset Management is the Investment Manager of the Monochrome Bitcoin Fund (MBF), which offers wholesale investors institutional-grade access to bitcoin via a secure and regulated investment vehicle.

“There are specific challenges which institutional investors have to overcome when implementing a digital asset treasury or investment strategy; mainly revolving around regulatory clarity, strict acquisition procedures, and custody challenges, which we help address and solve with the launch of the Monochrome Bitcoin Fund,” said Jeff Yew, the founder, and CEO of Monochrome Asset Management.

“The attention towards digital assets has been growing,” says Jeff Yew, the founder, and CEO of Monochrome Asset Management. “At this stage, Monochrome’s client base is made up of family offices and ultra-high-net-worth individuals.

Monochrome is constantly exploring ways to offer regulated, secure, and institutional-grade access to digital assets for more investors in the future, including potentially launching Australia’s first Bitcoin ETF.

“Monochrome is the torchbearer of institutional-grade access to digital assets in Australia, and we are excited to join Fintech Australia and its community of industry experts to increase institutional acceptance of Bitcoin in Australia,” adds Mr. Yew.

This publication has been prepared by Monochrome Asset Management Pty Ltd ABN 80 647 701 246 (Monochrome) the Investment Manager of the Monochrome Bitcoin Fund (the Fund). Monochrome is a Corporate Authorised Representative No. 1286428 of Non Correlated Capital Pty Ltd ABN 99 143 882 562 AFSL 499882 (NCC). NCC is the Trustee of the Fund. This publication has been prepared by Monochrome to provide you with general information only. In preparing this publication, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Monochrome, NCC nor any of their related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accept any liability to any person who relies on it. You should obtain professional advice and consider the Information Memorandum before making a decision in relation to this product. Any forecasts and hypothetical examples are subject to uncertainty and are not guaranteed. Past performance is not a reliable indicator of future performance. You can obtain a copy of the Information Memorandum for the Fund by contacting Monochrome at https://monochrome.co.