Bringing you live news and features since 2006 


Amun AG completes initial funding round


Amun AG, a Swiss fintech aiming to facilitate access to crypto-asset investments, has completed its first funding round, bringing on board a number of experienced industry figures including Adam Draper, Founder of Boost VC, Graham Tuckwell, Founder of ETFS Capital, Greg Kidd, Co-Founder Hard Yaka, as well as four family offices.

Amun is a technology platform for creating crypto indices and issuing crypto products, in addition to listing, settling, and custody of physically-backed crypto products on public exchanges. Amun listed HODL, the world’s first physically backed ETP (exchange traded product) based on five leading cryptocurrencies (BTC, ETH, BTC Cash, XRP and Litecoin) which has become the top ETP on the Swiss Stock Exchange by volume. The company quickly followed up with a ABTC, Bitcoin ETP, on 27 February and is expected to launch more products in the coming months.
“We are bullish on crypto in the long-term and look forward to working with such tech and finance luminaries to simplify investor access to the crypto asset class,” says Hany Rashwan, CEO and Co-Founder of Amun.
Adam Draper, Founder and Managing Director of Boost VC, says: “We are extremely excited about our investment in Amun. The world needs a company like Amun to make crypto as easy as buying a stock. Now that they were the first to do that – lot of people have made this claim but Hany and Ophelia Snyder, Co-Founders of Amun were the first to accomplish – they can now provide the tool set and be the de-facto platform for anyone else looking to take their crypto assets/securities to the public markets.”
Hany Rashwan, Co-Founder and CEO at Amun, explains how the funds will be utilised: “We plan on using the funds to keep investing in our technical infrastructure, to launch additional crypto-tracking exchange-traded products on more strategies across multiple geographies, and to help others bring crypto assets to the public markets.”
Boost VC is a top venture capital firm based in Silicon Valley. It is famous for some early investments in major crypto projects such as Coinbase, Ethereum, Ledger and Tezos. ETFS Capital is led by Graham Tuckwell, who founded ETF Securities and was also the first to list gold publicly.
WisdomTree bought ETF Securities in 2018. Gregg Kidd is the Managing Director of Hard Yaka, a top Silicon Valley investment firm that has made early investments in tech companies such as Coinbase, Robinhood, Ripple, Twitter or Square. The family offices include American, Swiss and Middle Eastern corporations.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by