In a significant development for Malaysia’s crypto investment landscape, the entrepreneurs behind local fintech player Jirnexu have launched Halogen Capital, a crypto fund management firm. With a mission to make cryptocurrency investing mainstream in Malaysia, Halogen Capital aims to provide accessible and regulated investment options to both retail and institutional investors.
Available funds
Halogen Capital wasted no time in offering a variety of funds to cater to different investor preferences. The firm currently provides a spot Bitcoin fund, allowing investors to directly invest in the world’s largest cryptocurrency. Additionally, an Income Fund denominated in Malaysian ringgit offers a lower-risk investment option, attracting investors seeking stable returns. Furthermore, the firm is set to introduce a spot Ethereum fund in the near future, offering exposure to the second-largest cryptocurrency by market capitalization.
Custom-designed investment portfolios
Recognizing the importance of catering to the unique investment goals and risk profiles of certain private clients, Halogen Capital offers custom-designed investment portfolios. This bespoke approach allows the firm to tailor investments to individual clients’ specific needs, ensuring maximum alignment with their financial goals.
Shariah Compliance and Accessibility
A key feature of Halogen Capital’s investment offerings is that all funds are designed to be Shariah compliant. This ensures that investors seeking to follow Islamic principles have a suitable investment avenue for their cryptocurrency holdings. Additionally, Halogen Capital welcomes both retail and institutional investors, ensuring that their investment options are accessible to a broad range of participants.
Founders and Roles
The vision and expertise behind Halogen Capital come from the dynamic duo of Hann Liew and Lucas Ooi, both Malaysian nationals and founders of the successful fintech firm Jirnexu. Liew has been appointed as the firm’s CEO, bringing his extensive experience in the fintech and investment industry to drive Halogen Capital forward. Ooi, assuming the role of Chief Business Officer, will utilize his strategic acumen to forge partnerships and ensure the firm’s growth and success.
Announcement and Confirmation
The launch of Halogen Capital caused a buzz in the financial community, with news of the firm’s inception spreading rapidly. Hann Liew took to LinkedIn to share the exciting development, announcing their intention to bring professional crypto fund management to the Malaysian market.
Goal of Halogen Capital
Halogen Capital’s primary objective is to provide institutional and individual investors with easy access to the world of cryptocurrencies. The firm aims to achieve this by offering investment options through familiar traditional structures such as mutual funds, managed portfolios, and potentially expanding into the realm of exchange-traded funds (ETFs). By leveraging these traditional structures, Halogen Capital makes crypto investing more familiar and less intimidating for those new to the space.
Regulatory Compliance
A significant factor that sets Halogen Capital apart from its competitors is its claim to be the first fully regulated crypto fund provider in Malaysia. Being regulated by the Securities Commission Malaysia gives investors confidence in the firm’s operations and ensures adherence to stringent regulatory guidelines. This commitment to regulatory compliance positions Halogen Capital as a trustworthy and reliable investment partner in the evolving crypto ecosystem.
Launch date and initial vision
Halogen Capital officially launched in July 2023, with a clear vision to mainstream crypto investing in Malaysia. By providing regulated and accessible investment options, Halogen Capital aims to bridge the gap between traditional finance and the emerging world of cryptocurrencies. With an experienced leadership team, robust customer-centric investment solutions, and regulatory compliance, the firm is poised to play a pivotal role in the Malaysian crypto investment landscape.
In conclusion, the launch of Halogen Capital marks an important milestone for Malaysia’s crypto investment industry. By offering a range of funds, custom-designed portfolios, and adhering to Shariah compliance, Halogen Capital is poised to cater to both retail and institutional investors seeking exposure to cryptocurrencies. With its regulatory compliance and commitment to accessibility, Halogen Capital is set to make a significant impact in bringing crypto investing to the mainstream in Malaysia.