A mobile cryptocurrency hedge fund that changes the way people invest in cryptocurrencies
Ember Fund is a cryptocurrency “hedge fund” that fundamentally changes the way people invest in cryptocurrencies. Ember has developed a technology that allows anyone from around the world to buy into a calculated portfolio of cryptocurrencies with just a few clicks. The vision of the company according to its LinkedIn page is to bring trading insight & technologies traditionally reserved for institutional investors to anyone around the world just for $300 and a mobile device. The fund claimed to be fully decentralized/non-custodial, which means users are controlling and protecting their assets on their own. In order to make it happen, the assets are accessible only through the user’s individual mobile device, preventing any central point of failure.
According to Crunchbase, Ember Fund is developing a mobile app that allows the average joe to invests like a cryptocurrency hedge fund. In other words, Ember Fund is a mobile hedge fund app for cryptocurrency investing. The company was founded in Los Angeles, California in 2018. It has 3 core members including its co-founder, Mario Lazaro. According to its website, at the time of writing, the app has achieved some milestones, including but not limited to processing more than 500K+ transactions, more than $60 million of transaction values processed, and more than 40k registered users that use the platform regularly.
Ember claims that it offers the best features and services for its users, including but not limited to smart order routing, non-custodial wallet management, secure storage, high liquidity for trading activity, and so on.