Gibraltar now the 3rd largest domicile for crypto hedge funds worldwide. Xapo opens new hedge fund.

Описание: Having opened its doors in 2013, Xapo Bank is one of the oldest crypto banks, the first to secure a banking licence.

It now boasts 160 employees in 42 countries.

Xapo is tucked away in a corner of Casemates Square:-The building a reflection of its operations.

The heritage award winning vault aims to epitomise security and history with cutting edge design.

Its public gallery which houses art works and historical prints materialises the metaphoric bridge between the old and the new

The building can be imposing perhaps because it's different from your traditional high street bank.

So is it aimed at the local market?

One advantage of the Rock, is that it was the first jurisdiction to be regulated. One advantage of bitcoin investment is that all transactions are recorded on the data base on the blockchain.

Investing says Stuart- should not be scary but crypto should be a long term investment, where people invest what they can afford to lose... for high returns.

The bank has introduced a number of services to meet clients' needs the aim again to keep the familiar and offer traditional finance services with bitcoin.

Xapo, which has just launched a bitcoin hedge fund in excess of 200 million dollars hopes to expand the the UK over the next few months.