Investing in Lincoln investments is a great way to get your hands on some of the world’s best digital currencies, according to the company.
Read more>>A key part of Lincoln Investments’ business is its “crypto hedge fund”, which allows investors to invest the proceeds of their crypto investments in digital assets such as bitcoin, ether and litecoin, as well as other cryptocurrencies.
“We use blockchain technology to ensure that we are providing our investors with the highest quality of digital currency investments,” said Noah Smith, Lincoln Investments founder and chief executive.
“It is our belief that crypto investments will become a significant part of the digital asset markets and that we will see the blockchain becoming more and more centralised and open to wider investment opportunities.”
Cryptocurrency investments are generally a good way to diversify your portfolio, because of the volatility of digital currencies and their volatile price swings.
For example, bitcoin’s price has been climbing for years, and the value of the crypto currency has risen dramatically in recent months.
Lincoln Investments has about $1.2 billion in assets under management, with a total of about $30 million in assets on its books.
The company currently holds a portfolio of about 2,300 digital assets.
Smith said that while Lincoln Investments has not released details of how many investors it has invested in, he believes the total of its digital assets is now well over $1 billion.
“As of March 2018, we had invested approximately $600 million in digital currencies,” he said.
“I’m confident that we can grow our portfolio to an additional $1 million by the end of 2019.”
Lincoln is an investment company which was founded in 2014 by Noah Smith and John Farrar, who both worked for the New York Stock Exchange and as a trading desk at Merrill Lynch.
“Our mission is to bring the best in finance and technology to the investment world,” Smith said.
“We have seen a phenomenal amount of growth and we are constantly improving the technology we use to serve investors.”
He said that Lincoln is a very different company to the other digital currency investment platforms.
“The other digital currencies are just as much a continuation of Lincoln, and we use the same approach to manage our investments,” Smith told News.au.
“In the case of crypto hedge funds, we try to diversified our portfolio, and that’s something that we’re very good at doing.”
Listed on the New Zealand Stock Exchange, Lincoln invests in crypto-currencies such as Ethereum, bitcoin, litecoins and ether.