Announcement

Arxnocum to be acquired by Ledn

Arxnovum To Be Acquired By Ledn

Arxnovum To Be Acquired By Ledn 2208 1099 cryptonews@arxnovum.com

TORONTO, Arxnovum Investments Inc. (“Arxnovum”), a regulated Canadian digital asset investment manager is pleased to announce that it has reached an agreement to be acquired by Ledn Inc. (“Ledn”), a global financial services provider for digital assets. The proposed acquisition will allow Arxnovum’s fully-registered business to operate as an independent business unit under Ledn, enabling Ledn to offer digital asset investment products to its accredited client base both in Canada and globally. The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approval. 

“This transaction strengthens our core mission of bringing digital asset investment products to accredited investors in Canada.”

Shaun Cumby
a business man watering money flowers in pots

Diversify your cryptocurrency allocation

Diversify your cryptocurrency allocation 1920 1442 cryptonews@arxnovum.com

For investors considering an allocation to cryptocurrency but aren’t sure where to start or which cryptocurrency is appropriate for their portfolio, we believe that an allocation to a diversified basket of the largest most liquid cryptocurrencies is a great place to start.  

As discussed throughout this series of blog posts, a true multi crypto strategy that allocates to more than just bitcoin and ether allows investors to reduce unique idiosyncratic risk by accessing newer and differentiated technologies while increasing diversification through a basket of cryptocurrencies. 

The use of intelligent index construction by the application of a smoothed capitalization redistributed weighting, clearly defined exclusionary rules and minimum listing and liquidity criteria were designed to enhance diversification from the core of bitcoin and ether without impacting tradability. 

We are pleased to announce the launch of the Arxnovum Multi Crypto Index Fund. Today, institutions, family offices and high net worth investors now have access to a diversified portfolio of cryptocurrency designed to represent the cryptocurrency market. We would be grateful to hear from investors that are interested in exploring the merits of adding a diversified crypto fund to a traditional portfolio. 

For more information around how to determine the appropriate allocation to cryptocurrency within your portfolio, please contact Arxnovum Investment for an assessment of your goals, objectives, time horizon and risk tolerances.

The products and services offered by Arxnovum are available to qualified investors in certain provinces and territories of Canada. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.
 
All investments contain risk and may lose value. Investing in the cryptocurrency market is subject to risks.  Cryptocurrency, often referred to as “virtual currency” or “digital currency”, operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money. Cryptocurrency operates without the oversight of a central authority or the banks and is not backed by any government. Even indirectly, cryptocurrencies such as bitcoin may experience high volatility, and related investment vehicles may be affected by such volatility. Cryptocurrency is not legal tender. Federal, state, provincial, territorial or foreign governments may restrict the use and exchange of cryptocurrency, and regulation in North America is still developing. Cryptocurrency trading platforms may stop operating or permanently shut down due to fraud, technical glitches, hackers or malware, which could have an adverse impact on the net asset value per unit of the Fund. Please consult the Funds Term Sheet for a complete list of risks.
 
Certain statements in this document are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what Arxnovum Investments Inc. and the portfolio manager believe to be reasonable assumptions, neither Arxnovum Investments Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.
CAASA logo

Arxnovum Investments Founder to speak at CAASA Super Week: PE/VC & Digital Assets Conference

Arxnovum Investments Founder to speak at CAASA Super Week: PE/VC & Digital Assets Conference 328 153 cryptonews@arxnovum.com

Arxnovum Investments is pleased to announce that Shaun Cumby is scheduled to present at CAASA Super Week: PE/VC & Digital Assets Conference in Toronto Ontario, on September 27, 2022 at 9:00am EST.  

Shaun will be joined onstage with a distinguished panel including Kerem Kolcuoglu, Managing Partner at Penrose Partners and Koleya Karringten, Executive Director of the Canadian Blockchain Consortium in a discussion of the Origins of Blockchain, Bitcoin and Cryptocurrency.

To register or for a complete conference agenda, please visit caasa.ca/Super-Week-2022:PE/VC & Digital Assets

The products and services offered by Arxnovum are available to qualified investors in certain provinces and territories of Canada. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.
 
All investments contain risk and may lose value. Investing in the cryptocurrency market is subject to risks.  Cryptocurrency, often referred to as “virtual currency” or “digital currency”, operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money. Cryptocurrency operates without the oversight of a central authority or the banks and is not backed by any government. Even indirectly, cryptocurrencies such as bitcoin may experience high volatility, and related investment vehicles may be affected by such volatility. Cryptocurrency is not legal tender. Federal, state, provincial, territorial or foreign governments may restrict the use and exchange of cryptocurrency, and regulation in North America is still developing. Cryptocurrency trading platforms may stop operating or permanently shut down due to fraud, technical glitches, hackers or malware, which could have an adverse impact on the net asset value per unit of the Fund. Please consult the Funds Term Sheet for a complete list of risks.
 
Certain statements in this document are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what Arxnovum Investments Inc. and the portfolio manager believe to be reasonable assumptions, neither Arxnovum Investments Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.
Portfolio manager adding new pieces to a portfolio

Index Reconstitution Announcement

Index Reconstitution Announcement 2560 1092 cryptonews@arxnovum.com

Last week the index provider, CF Benchmarks, that guides the Arxnovum Multi Crypto Index Fund and Arxnovum DeFi Index Fund announced changes to the index constituents as part of its semi-annual reconstitution.

The CF Diversified Large Cap Index, the underlying index to the Arxnovum Multi Crypto Index Fund, experienced the biggest change expanding the number of constituents from 11 to 16.  Changes to the index will be effective September 1 and will include the addition of:

  • Ape Coin (APE)
  • Avalanche (AVAX)
  • Internet Computer (ICP)
  • Litecoin (LTC)
  • Shiba Inu (SHIB)

In our opinion, this nearly 50% increase in the number of holdings should be seen as a positive for investors in the fund for the following reasons:

  1. increases diversification
  2. reduces idiosyncratic risk 
  3. indicates that the crypto markets are maturing as 16 constituents now fall within the 95th percentile of the market

Meanwhile, the CF DeFi Composite Index, the underlying index to the Arxnovum DeFi Index Fund, will have two additions and one removal. The big change here is the removal of Amp (AMP) for reasons that relate to the regulatory scrutiny it has recently come under, see our blog on this subject from earlier this month for more details. The index will add 1inch (1INCH) and Avalanche (AVAX). 

In order to achieve each Fund’s investment objective to track these underlying indices, we are planning to implement these changes to our funds inline with the index reconstitutions next week.

The products and services offered by Arxnovum are available to qualified investors in certain provinces and territories of Canada. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.
 
All investments contain risk and may lose value. Investing in the cryptocurrency market is subject to risks.  Cryptocurrency, often referred to as “virtual currency” or “digital currency”, operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money. Cryptocurrency operates without the oversight of a central authority or the banks and is not backed by any government. Even indirectly, cryptocurrencies such as bitcoin may experience high volatility, and related investment vehicles may be affected by such volatility. Cryptocurrency is not legal tender. Federal, state, provincial, territorial or foreign governments may restrict the use and exchange of cryptocurrency, and regulation in North America is still developing. Cryptocurrency trading platforms may stop operating or permanently shut down due to fraud, technical glitches, hackers or malware, which could have an adverse impact on the net asset value per unit of the Fund. Please consult the Funds Term Sheet for a complete list of risks.
 
Certain statements in this document are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what Arxnovum Investments Inc. and the portfolio manager believe to be reasonable assumptions, neither Arxnovum Investments Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.
An illustrated rocket launches off of a laptop

Arxnovum Investments is pleased to announce another milestone in our growth

Arxnovum Investments is pleased to announce another milestone in our growth 1800 850 cryptonews@arxnovum.com

Our goal at Arxnovum Investments is to become Canada’s leading digital asset investor and we believe that begins with investor education and awareness. Digital asset investing, from bitcoin to other assets, can be overwhelming, even for the most sophisticated investors. We hope to make it clear. Given the many benefits and risks associated with investing in cryptocurrency, our investors can arm themselves with information to make more knowledgeable investing decisions.

To that end we’ve been working on something big and the time has come to launch something new. Our inaugural private funds are available for accredited investors and we are pleased to announce the launch of our website:

arxnovum.com

The website includes a number of new and exciting features designed to provide investors and crypto enthusiasts with timely and relevant content on our funds, our current thinking and the crypto market more broadly. 

There are three key areas included in the launch:

  • Fund summary cards – that include detailed information on the Arxnovum Bitcoin Fund, Arxnovum Ether Fund, Arxnovum DeFi Index Fund and the Arxnovum Multi Crypto Index Fund.
  • Insights blog – that include written and video commentary and educational pieces on the cryptocurrency markets.
  • Client access portal – that allows investors access to their account information.

One last thing, we are also pleased to announce the launch of Crypto Corner, our e-newsletter, which is a daily summary of the latest news impacting crypto markets globally. Sign up here to be added to the distribution list: Investor Registration

We are very excited for the launch but even more interested in hearing your feedback. Leave a comment below or email us at info@arxnovum.com.

The products and services offered by Arxnovum are available to qualified investors in certain provinces and territories of Canada. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.
 
All investments contain risk and may lose value. Investing in the cryptocurrency market is subject to risks.  Cryptocurrency, often referred to as “virtual currency” or “digital currency”, operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money. Cryptocurrency operates without the oversight of a central authority or the banks and is not backed by any government. Even indirectly, cryptocurrencies such as bitcoin may experience high volatility, and related investment vehicles may be affected by such volatility. Cryptocurrency is not legal tender. Federal, state, provincial, territorial or foreign governments may restrict the use and exchange of cryptocurrency, and regulation in North America is still developing. Cryptocurrency trading platforms may stop operating or permanently shut down due to fraud, technical glitches, hackers or malware, which could have an adverse impact on the net asset value per unit of the Fund. Please consult the Funds Term Sheet for a complete list of risks.
 
Certain statements in this document are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what Arxnovum Investments Inc. and the portfolio manager believe to be reasonable assumptions, neither Arxnovum Investments Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.