TL;DR
- Valour launched Smart Crypto Fund SP, its first hedge fund under Valour Funds SPC, according to a filing with the SEC.
- The fund uses artificial intelligence from Neuronomics AG to decide positions, risk levels and when to reduce exposure across different digital assets.
- The vehicle is available only to professional and qualified investors, and is structured under an SPC in the Cayman Islands registered with CIMA.
Valour, the digital asset exchange-traded products arm of DeFi Technologies, entered the actively managed funds market with the launch of Smart Crypto Fund SP.
The operation was registered with the U.S. Securities and Exchange Commission (SEC) and is the first hedge fund under its new Valour Funds SPC structure, a segregated portfolio company incorporated in the Cayman Islands and supervised by the monetary authority of that jurisdiction.
The fund does not operate with a fixed basket of assets. Instead, it applies an artificial intelligence methodology developed by Neuronomics AG, a Swiss portfolio manager authorized by FINMA in which DeFi Technologies holds a minority stake.
Neuronomics’ models analyze price, volume and other market data across short and medium-term horizons to determine which assets to hold, what level of risk to assume and when to reduce exposure. Positions are bounded by predefined risk budgets, per-asset limits and concentration controls.
Valour: Signal Above the Noise
Trades are executed through algorithms selected based on market liquidity and estimated transaction costs. “Our proprietary AI suite helps separate signal from noise and translates forecasts into disciplined portfolio decisions,” said Dr. Michael Kometer, founder and chief executive officer of Neuronomics AG.
Johan Wattenström, executive chairman of DeFi Technologies, also added that the goal is to extend Valour’s offering “beyond exchange-traded products and into actively managed hedge fund strategies.”
This new product will complement a catalog that already exceeds 100 digital asset ETPs, the broadest among international managers of this type of instrument. It is worth noting that DeFi Technologies obtained a 180-day extension from Nasdaq to resolve a situation related to the minimum listing price of its shares.
The fund’s infrastructure also integrates Stillman Digital, the company’s trading and liquidity arm. Access to this fund is available only to professional and qualified investors, and results will depend on the ability of the AI models to navigate volatile markets.
