Walkers Singapore acts on Liberty Bitcoin Fund

Walkers is pleased to announce that its Singapore office has acted as Cayman Islands counsel to CMCC Global on the launch of Liberty Bitcoin Fund - the first Asian single-asset passive tracker fund that provides direct exposure to Bitcoin for accredited and institutional investors.

All Bitcoin held by the Liberty Bitcoin Fund are covered by insurance and protected through a Hong Kong Stock Exchange listed custodian company, ANXOne custody. The fund is structured as a mutual fund and functions similar to a traditional commodity tracker fund.

Walkers partner James Twigg and associate Heather Murray acted on the matter.