«Willy Woo’s SyzCrest: A New Era in Institutional Crypto Investment

In a recent development, esteemed cryptocurrency analyst Willy Woo has announced the launch of SyzCrest, an institutional-grade crypto hedge fund. This news was shared by Woo himself via a series of tweets on June 2, 2023. Woo, recognized for his>

Listening to @woonomic and the @syz Group as they launch their #fund of #crypto #HedgeFunds in Zürich ?? pic.twitter.com/1Kot57N4M1

— Emi Lorincz ✨ (@EmiMoonsoon) May 31, 2023

Woo’s tweets also revealed that Syz is a boutique private bank providing wealth management services to high-net-worth individuals. He expressed his delight at finding many of their clients to be forward-facing, entrepreneurial, and receptive to the future of digital assets.

In his tweets, Woo also mentioned that among the family offices he met (usually managing $1 billion or more), it was common to see around 2% exposure to digital assets, primarily dominated by Bitcoin and Ethereum. For those still learning or unable to handle crypto’s volatility, the hedge fund approach of SyzCrest, which aims to create a stable return by harnessing crypto markets, was met with excitement.

This development underscores the growing recognition of digital assets among institutional investors and the increasing importance of cryptocurrency in the global financial landscape.

Featured Image Credit: Photo / illustration by “vjkombajn” via Pixabay

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