Founded by Former AQR Quants, Truvius Brings
Groundbreaking Quant Portfolio Construction and a Suite of Passive
and Active Systematic Investment Products for Cutting-Edge
Investors
BOSTON, July 18,
2024 /PRNewswire/ -- Truvius, the company powering
systematic investing for digital assets, launched today with
$3.2M in funding led by Galaxy
Ventures. Truvius' digital asset investment platform and products
deliver institutional quality, transparent sophistication, and a
fiduciary focus for institutions and high-net-worth investors. The
company's funding also included participation from New Form
Capital, Chainview Capital, and strategic angel investors across
traditional investment management and crypto trading firms.
Nearly two thirds of institutional investors expect to
increase crypto allocations in the
next three years. However, the market does not yet offer an
institutional grade crypto
investment platform and products on par with TradFi standards
including groundbreaking quantitative crypto strategies designed for scale, thoughtful
systematic portfolio construction, and a sleek platform interface
with the information and tools clients actually need. Additionally,
the current landscape of available crypto investment platforms focuses heavily on purely
passive exposure and concentrated single-token allocations to
assets like BTC and ETH, but
investors are demanding broader multi-sector exposure to the entire
digital asset ecosystem with active management options.
With today's launch, institutional and high-net-worth investors
can now invest in quantitative digital asset investment strategies
spanning active and passive products designed by Truvius' founding
team. The Truvius platform delivers a cutting-edge product
experience, making it easy to select and allocate to multiple
digital asset investment strategies according to investors'
portfolio goals. Truvius plans to continue pioneering investable
model portfolios available through its platform and to grow its
sales and distribution efforts, particularly among financial
advisors and high-net-worth audiences.
"Investors are demanding higher-quality crypto investment products that reflect multi-asset,
fundamentals-driven, actively managed investment solutions for
digital assets that are common within TradFi," said Connor Farley, CEO and Cofounder of Truvius,
formerly a product specialist on the Global Asset Allocation and
Global Stock Selection research teams at AQR. "Truvius is setting
out to provide portfolios that harness the power of systematic
investing and also provide a fully streamlined custody and account
management experience for clients who want to directly manage their
own portfolio allocations in a way that has not yet been
sufficiently done for crypto."
Truvius solves this by combining the sophistication of
systematic investing with the accessibility of SMA direct-index
style distribution, removing the barriers of typical fund
structures via its own SMA technology stack.
"Well-defined sectors have emerged within digital assets.
Instead of focusing on individual tokens, investors are
increasingly thinking about risk management and asset allocation
from a sector perspective," said Will
Nuelle, General Partner of Galaxy Ventures, the lead
investor. "As quants by trade, Truvius understands the investment
community's needs to bridge the gap between traditional and digital
asset adoption in their clients' broader portfolios."
Truvius' fully systematic platform is supported by a
state-of-the-art custody and trading technology integration with
Anchorage Digital. Custody and settlement services are provided by
Anchorage Digital Bank N.A.—the only federally chartered digital
asset bank, and a clear-cut qualified custodian. As an
infrastructure provider, Anchorage Digital provides the rails
needed for a seamless onboarding and investment
experience.
"Anchorage Digital was founded by two security engineers;
Truvius, two quants. Both companies have innovation in our DNA,"
said Nathan McCauley, CEO and
Co-Founder of Anchorage Digital. "By harnessing that innovation
together, we are forging a safe, secure, and compliant investing
experience that will expand institutional access to the digital
asset ecosystem like never before."
From robust qualified custody to intelligent trade execution to
detailed performance and risk attribution, investors will receive
an unparalleled interactive investing experience.
- Truvius Portfolio Difference: Systematic active and
passive crypto portfolios,
thoughtfully constructed for the long-run. Truvius portfolios are
designed for long-term investment goals and take a thematic,
multi-sector approach to asset allocation.
- State-of-the-Art Infrastructure: Client assets are
securely held in institutional-grade qualified custody accounts and
portfolios are automatically rebalanced according to a systematic,
rules-based process—providing an end-to-end investment management
on a single platform with custody and trading powered by Anchorage
Digital.
- Investment Marketplace: The Truvius Model Marketplace
features its own strategies, providing investors with extensive and
diverse options to help achieve their long-term digital asset
investment goals.
- Personalized Performance Attribution: An area
traditionally underdeveloped for crypto investing, Truvius brings personalized performance
and risk attribution breakdowns at multiple levels of granularity
and over various time horizons.
Truvius also takes a differentiated fundamentals-driven approach
to asset allocation, using sector- and market cap-style indices as
the building blocks of model portfolios, and weighting those model
portfolios according to a mix of blockchain and market
fundamentals. This enables uniquely institutional-grade and
personalized performance and risk attribution at both the asset and
sector levels.
"Our research shows that systematic, factor-based investing is a
powerful and applicable framework for digital asset portfolios,"
added Max Freccia, Cofounder
and CFO/COO of Truvius who is also a former quantitative specialist
at AQR. "When managed thoughtfully, digital assets deserve to be a
part of investors' asset allocations as a diversifying component of
an overall portfolio. Our platform uniquely empowers clients to
intelligently gain this investment exposure and learn more about
crypto investing through an engaging
interactive experience."
For institutions to get started today with Truvius, click
here.
ABOUT TRUVIUS
Truvius is the institutional-grade crypto investment platform and a registered investment
adviser. Truvius uses time-tested portfolio construction techniques
to deliver durable, direct index-style digital asset products for
institutional and individual investors alike through a personalized
platform experience at enterprise scale. Truvius is based in
Boston. To learn more about
Truvius, please visit https://www.truvius.io.
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SOURCE Truvius