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Titan launches first actively managed portfolio of cryptocurrency assets for US investors

Submitted 16/08/2021 - 9:23am

Titan has launched Titan Crypto, an actively managed portfolio of cryptocurrency assets available to all US investors. 

The mobile-first investment company allows Titan clients to access the world’s top growth investments with no previous knowledge or understanding of cryptocurrency and zero performance-based fees or lock-ups.

Until now, cryptocurrency has not been an easy class to understand or invest in. Titan plans to add tremendous value and significant returns for their customers by offering strategic investing and management of their cryptocurrency portfolio. The strategy seeks to invest in a concentrated basket of crypto assets that can outperform over a long-term time horizon and is actively managed by Titan’s in-house crypto investing team.

“The adoption of cryptocurrencies and blockchain protocols is exploding, and we expect this trend to prove structural and long-term in nature. We see the wrong debate being had - it’s not a matter of if crypto deserves a place in portfolios; it’s a matter of what percentage,” says Clay Gardner, co-founder and co-CEO at Titan.

Last month, Titan announced a USD58 million Series B round of funding led by Anish Acharya of Andreesen Horowitz (a16z). The round also features participation from an all-star line-up of pro athletes and celebrities, including Kevin Durant, Odell Beckham Jr, Jared Leto and Will Smith. To date, Titan has raised USD75 million to support its mission to lead the world to better wealth by enabling everyone to invest in the world’s success. The funds will be used to make significant strides in building out Titan’s underlying platform and suite of investment products, including Titan Crypto, alongside scaling core functional teams.

“At Titan our clients trust our portfolio selection and we see an ever-increasing likelihood that Bitcoin and other cryptoassets achieve broad adoption and value accrual. We are excited to be the first to introduce this offering to our clients,” says Max Bernardy, co-founder and CTO.

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