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‘Australia Joins The Bitcoin Race’: Monochrome CEO Jeff Yew

Published 14/07/2023, 17:27
© Reuters.  ‘Australia Joins The Bitcoin Race’: Monochrome CEO Jeff Yew

  • Monochrome CEO Jeff Yew celebrated Australia’s entry into the “Bitcoin race” on Twitter.
  • Monochrome Asset Management’s partner, Vasco Trustees Ltd, submitted an application for the Monochrome Bitcoin ETF to the ASX.
  • Vasco offers regulated exposure to crypto-assets like BTC and ETH through managed investment schemes.

On July 14, Jeff Yew, CEO of Australian-based crypto investment company, Monochrome, celebrated Australia’s entry into the “Bitcoin race” through his firm’s new feat.

Earlier today, Monochrome Asset Management announced that its Responsible Entity partner, Vasco Trustees Ltd, has submitted a revised application to the Australian Securities Exchange (ASX) for the listing of the Monochrome Bitcoin ETF. The exchange-traded fund aims to provide direct exposure to Bitcoin.

According to the announcement post, Vasco holds the necessary authorization under its Australian Financial Services License to provide regulated and direct exposure to crypto-assets such as BTC and ETH to retail investors. …

The post ‘Australia Joins The Bitcoin Race’: Monochrome CEO Jeff Yew appeared first on Coin Edition.

The post ‘Australia Joins The Bitcoin Race’: Monochrome CEO Jeff Yew appeared first on Coin Edition.

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