Elwood Asset Management, which manages Howard’s personal cypto assets, is currently working on a platform which will design portfolios of crypto funds, a so-called fund of funds, aimed at institutional investors.
Elwood chief executive Bin Ren told the Financial Times that the project’s objective is to inject a more selective and quality-based approach to the notoriously risky world of crypto assets, thus avoiding any blow-ups and providing a greater standard of governance for investors.