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BitSpread, an investment banking-style firm offering clients tools to juggle exposure to often volatile crypto-currencies, has launched a range of capital-protected strategies that it believes break new ground.

The offerings have been rolled out after the business launched BitSpread Financial Solutions last November, a division that concentrates on financial engineering, customised investment and hedging solutions for professional investors operating in this field.

With crypto-currencies sometimes fluctuating dramatically, the need for tools to manage exposures has become important, BitSpread, a business operating from Singapore and London, said. The firm describes itself as being run by a “team of investment banking professionals and experienced blockchain engineers”. The existence of such a business points to the evolution of a market with more liquid and stable pricing, so practitioners hope. 

BitSpread is the first firm in the space to provide institutional quality capital protected investing strategies which limit the downside while providing exposure to the potential upside of crypto-currencies,” Cedric Jeanson, founder and chief executive of BitSpread, said. 

In May last year, BitSpread also announced its new BlockBerry wealth management platform, www.blockberry.com. The platform offers exclusive access to sophisticated investments in crypto-currencies. Investments can be made using cash or crypto-currencies, deposited with a regulated custodian. BitSpread Financial Solutions is an appointed representative of Met Facilities, which is authorised and regulated by the UK Financial Conduct Authority.