Blockchange, a U.S.-based digital asset investing platform for professional wealth managers, recently announced the addition of fourteen new digital assets to its BITRIA Digital Turnkey Asset Management platform for registered investment advisors. According to Blockchange, the additions will include ten Decentralize Finance (DeFi) tokens and will allow wealth managers to offer a “broader” base of digital assets in response to growing investor interest.
Blockchange noted that the newly supported assets are Balancer (BAL), Compound (COMP), Curve (CRV), Decentraland (MANA), Kyber Network (KNC), Maker (MKR), Orchid (OXT), 0x (ZRX), Pax Gold (PAXG), Ren (REN), Storj (STORJ), Synthetix (SNX), Uma (UMA), and Uniswap (UNI). The platform further explained:
“While digital assets in general are new territory for many investment advisors, the BITRIA platform allows RIA firms to engage early and with confidence through a separately managed account (SMA) approach, even enabling advisors with more experience in digital assets to act as subadvisors. This is particularly important in the DeFi space with its increased complexity.”
Dan Eyre, CEO of Blockchange, went on to add:
“The risk-reward profile of DeFi also offers tremendous growth potential for investors – somewhat like the early days of Bitcoin and Ethereum. The BITRIA platform allows advisors to offer these opportunities to their clients while benefiting from the experience of other firms with more experience in the asset class.”
Founded in 2017, the Blockchange Platform brings professional-grade portfolio management capabilities to digital investing, enabling wealth managers and advisors to easily manage their entire client base.