- Sygnum Singapore collaborates with Moomoo Singapore to distribute the Digital Asset Multi-Manager Fund (DAMMF).
- DAMMF offers accredited investors access to actively managed crypto hedge fund strategies.
What happened: Sygnum launches DAMMF on Moomoo Singapore platform
Sygnum Singapore, a subsidiary of the globally renowned digital asset banking group Sygnum, has joined forces with Moomoo Singapore to make its Digital Asset Multi-Manager Fund (DAMMF) available on the Moomoo platform. This collaboration represents a significant step forward in expanding access to high-quality digital asset investment products. Moomoo Singapore, a popular digital investment and wealth management platform with a robust user base exceeding 1 million, caters to a diverse range of investors seeking innovative financial solutions. DAMMF stands out as a pioneering fund-of-funds with a proven five-year track record, strategically investing in both established and emerging investment managers who specialise in liquid crypto hedge fund strategies. This initiative makes DAMMF the first actively managed crypto fund to be offered on a Singapore-based digital investment platform, reflecting the increasing appetite for sophisticated, actively managed cryptocurrency solutions among the region’s investors.
This partnership marks Sygnum Singapore’s inaugural collaboration for the distribution of an asset management product, underscoring its commitment to meeting the growing demand for digital asset investments. By teaming up with Moomoo Singapore, both companies aim to provide investors with regulated, secure, and high-quality access to digital assets. Holding the Major Payment Institution Licence, both Sygnum and Moomoo align with Singapore’s stringent regulatory framework, reinforcing their credibility in the digital asset space. The DAMMF offers accredited investors a unique opportunity to engage with the rapidly growing cryptocurrency market through active management. Clients can access the fund through Moomoo’s relationship managers, ensuring tailored support and guidance. This partnership not only strengthens the appeal of active management in digital assets but also positions both companies as leaders in driving the maturity and institutionalisation of this emerging asset class within a regulated framework.
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Why it’s important
The collaboration between Sygnum Singapore and Moomoo Singapore represents a pivotal step in bridging the gap between digital assets and mainstream investment platforms. As cryptocurrencies and blockchain technologies become increasingly central to the global financial landscape, high-net-worth individuals and institutional investors are seeking secure, compliant, and expertly managed investment opportunities. This partnership responds to the surging demand for regulated digital asset solutions, combining Moomoo’s extensive platform reach with Sygnum’s expertise in crypto asset management. The Digital Asset Multi-Manager Fund (DAMMF) stands out by offering a diversified portfolio that includes strategies executed by both top-tier and emerging crypto investment managers. Designed to tap into the dynamic and rapidly evolving cryptocurrency market, the DAMMF enables investors to gain access to high-growth opportunities while benefiting from professional oversight and strategic diversification—key features increasingly sought after in the digital asset sector.
Echo Zhao, Country Head of Moomoo Singapore, underscored the growing importance of digital assets in creating resilient investment portfolios. Zhao highlighted that the DAMMF provides clients with the dual advantage of diversification and exposure to the significant growth potential of the crypto market. This offering aligns with the evolving preferences of modern investors who view digital assets not merely as a speculative avenue but as a critical component of long-term wealth management. Gerald Goh, Co-Founder of Sygnum, explained how the DAMMF serves as a vehicle for capitalising on transformative crypto megatrends, giving investors a foothold in one of the most promising sectors of the digital economy. Together, this partnership sets a benchmark for innovation in the financial sector, demonstrating how regulated, actively managed products can open new doors for investors while maintaining the highest standards of trust and security in a rapidly maturing digital asset space.
