The ICOA Fund is Officially Live

Rhea-AI Summary

ICOA Inc. (OTC PINK: ICOA) has launched The ICOA Fund, now open for trading, targeting crypto-bullish investors. This Bitcoin-denominated sub-fund operates under Singapore's Monetary Authority regulations, focusing on exploiting volatility and arbitrage opportunities in derivatives markets. It prioritizes safety with insurance coverage and custody solutions from CGCX.io, the first fully-insured crypto exchange. The fund aims to allocate a maximum of 70% in BTC yield strategies and 30% in liquidity pools while ensuring investor verification compliance.

Positive

• Launch of The ICOA Fund opens new investment opportunities in crypto.
• Utilizes AI and quantitative methods for trading strategies.
• Strong safety measures with insurance and custody solutions.
• Adheres to regulatory standards for investor verification.

Negative

• Investment limited to accredited investors only.
• Dependence on volatile crypto market for performance.

The Bitcoin-multiplying fund for crypto-bullish investors is now open for trading

LAS VEGAS , May 18, 2022 /PRNewswire/ -- ICOA Inc. (OTC PINK: ICOA), a publicly-traded Nevada-based company that acquires exciting blockchain-driven ventures, has announced that The ICOA Fund is now live and available for subscription. 

As a Bitcoin-denominated sub-fund of a VCC structure regulated under the Monetary Authority of Singapore (MAS), The ICOA Fund's principal strategy is to identify opportunities on the volatility surface, to exploit arbitrage opportunities in key derivatives markets, and to incorporate AI and quantitative methodologies to scale in on promising options.

It offers unparalleled safety features like insurance coverage and underwriting for public offering security insurance (POSI). 

The fund's crypto assets are safeguarded through a hybrid infrastructure in custody with CGCX.io, the world's first fully-insured crypto exchange. The fund additionally utilizes a suite of security-focused tools and services provided by Copper.co. Underpinned by multi-award-winning custody, this partnership makes it possible for the fund to reliably and safely acquire, trade, and store cryptocurrencies. 

All investors shall be accredited investors as defined by MAS, and shall undergo KYC/AML verification. Investment subscription contracts are also held in custody by regulated entities, and The ICOA Fund digital assets are held in storage secured by multi-signature verification. 

The fund's philosophy is based on a maximum of 70% of investment going towards BTC yield generating strategies, and a maximum of 30% into Market Making and liquidity pools of carefully selected projects. The three core trading strategies employed are Covered Call, Negative Gamma, and Volatility Trading. More information on these can be found at https://icoa.fund/trading-strategy/.

ICOA CEO Hadria Wong comments on the launch, "The ICOA team is excited to release The ICOA Fund to the crypto community. By combining our networks, strengths, and visions, we know we are stronger than ever— and look forward to pouring that fortitude back into this exciting project." 

Notes to editors:

For further information, please contact pr@icoa.tech

About ICOA 

ICOA is a publicly-traded Nevada-based company operating in the fintech, blockchain, decentralized finance (DeFi), and cryptocurrency spaces through acquisitions.

SAFE HARBOR STATEMENT:

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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SOURCE ICOA Inc.

FAQ

What is The ICOA Fund launched by ICOA?

The ICOA Fund is a Bitcoin-denominated sub-fund that focuses on exploiting volatility and arbitrage opportunities in crypto derivatives markets.

When was The ICOA Fund launched?

The ICOA Fund was officially launched on May 18, 2022.

What are the investment strategies of The ICOA Fund?

The fund aims to invest up to 70% in BTC yield strategies and 30% in liquidity pools, employing strategies like Covered Call and Volatility Trading.

What safety measures are in place for The ICOA Fund?

The ICOA Fund includes insurance coverage and utilizes security services from CGCX.io and Copper.co for safeguarding assets.

Who can invest in The ICOA Fund?

Only accredited investors, as defined by the Monetary Authority of Singapore, can invest in The ICOA Fund.