Crypto-currency fund Tokenized
Peregrine was first to tokenize an ADGM registered fund
September 10th, 2021
Peregrine was first to tokenize an ADGM registered fund. Peregrine, working with Securrency “compliance aware tokenization™” technology, has minted tokens on an ADGM feeder fund which invests into a crypto-currency trading fund managed by PSG Capital LLC.
Investors who were issued tokens had to proceed through normal KYC, AML, and KYB onboarding requirements based on ADGM rules and relevant rules in the investors jurisdictions. The initial token-holders, are based in UAE, UK, and Switzerland.
“We are excited to be at the forefront of the regulated digital asset revolution” – Paul Salama-Caro, founder of PSG Capital LLC