Crypto Investment Management Firm FiCAS Adds Dr. Daniel Diemers To Board of Directorsbr>
Crypto investment management boutique FiCAS has appointed Dr. Daniel Diemers as a new member of its Board of Directors.
Based in Switzerland, FiCAS devised the Bitcoin Capital Active ETP — the world’s first actively managed exchange traded product (ETP) featuring cryptocurrencies as underlying assets, which is listed on SIX Swiss Exchange. Since the launch last month, FiCAS has increased its assets under management by over 50% to more than 3 million CHF, with inflows suggesting widespread retail adoption.
Diemers brings a wealth of experience and knowledge as a former Financial Services Partner at PwC Strategy& and former PwC Head of Blockchain for Europe, Middle East, and Africa. He is a founding member of the Swiss Blockchain Federation, the Swiss Finance Technology Association, and the Crypto Valley Association, as well as a serial digital entrepreneur and investor.
“I was impressed by FiCAS’ innovative investment strategies, as well as the team’s determination to introduce new pioneering crypto-products to the market,” said Diemers. “The launch of the Bitcoin Capital Active ETP, being the world’s first actively managed crypto ETP, shows the strong potential of FiCAS to transform financial markets and drive mainstream adoption of digital assets. I am proud to be joining the FiCAS Board of Directors and look forward to bringing my experience in finance and blockchain technology to propel forward change and growth in the financial markets.”
“Dr. Daniel Diemers brings a wealth of experience and knowledge, as well as his industry reputation and network to FiCAS,” said Dr. Mattia Rattaggi, Chairman of the FiCAS BoD. “His guidance will be instrumental to ensure continuous sustainable growth to an institutional-grade firm offering a first-of-its-kind product to professional and institutional investors seeking to add potential for exponential returns to their portfolios.”