While Bitcoin was the first major use case of blockchain, the technology has been nothing short of a FinTech revolution. Peer-to-peer payments evolved into new solutions for trade finance and financial audits, alongside new derivatives like cryptocurrency futures. It’s true that the much-anticipated Bitcoin ETF still seems to be far off gaining the regulatory approval it needs. However, blockchain mutual funds could provide a middle ground for investors wanting to cash in on the blockchain hype without risking their funds on the volatile cryptocurrency markets.
As well as an investment vehicle, blockchain also has the potential to shake up the administration of traditional mutual funds. Additionally, the introduction of blockchain-based digital identities could reduce the KYC/AML burden on fund managers.
Here, we look at all the…