Grayscale and Icapital Partner to Provide 6,700 Advisors Access to Crypto Investments.

14 Sep 2021, 08:00

Grayscale and Icapital Partner to Provide 6,700 Advisors Access to Crypto Investments Grayscale Investments has partnered with Icapital Network to provide more than 6,700 advisors access to its cryptocurrency investment products. “Advisors and their clients have expressed increasing appetite for uncorrelated return potential in their portfolios, and digital currencies are at the center of the conversation right now,” said the CEO of Icapital. Over 6,700 Advisors Now Have Access to Grayscale’s Crypto InvestmentsGrayscale Investments announced Monday a partnership with Icapital Network, a platform connecting advisors and high net worth investors to alternative investment managers.Icapital services more than $80 billion in client assets across more than 780 funds globally as of July 31, according to the company. The New York-headquartered firm has offices in Zurich, London, Lisbon, and Hong Kong.The partnership will “offer Icapital Network’s more than 6,700 network advisors serving high-net-worth clients with access to digital currencies through a Grayscale diversified market-cap weighted investment strategy,” the announcement details. “Icapital’s advisors and clients will now have seamless access to Grayscale’s leading digital currency investment strategies.”Lawrence Calcano, CEO of Icapital Network, commented: Advisors and their clients have expressed increasing appetite for uncorrelated return potential in their portfolios, and digital currencies are at the center of the conversation right now.