Trovio Group Launches $35M DeFi Fund Powered by Yield App
Sydney, Australia, Nov. 02, 2022 (GLOBE NEWSWIRE) — Trovio Group, Asia-Pacific’s leading hybrid asset manager and technology solutions architect, today announces the launch of the $35 million Trovio DeFi fund, powered by Yield appa global FinTech company and digital wealth platform.
The Trovio DeFi fund offers wholesale investors the opportunity to allocate capital to a return-generating strategy within the DeFi ecosystem.
Managed by Trovio’s asset management team, in partnership with Yield App’s highly experienced DeFi risk management team, the fund has a strong focus on capital preservation, using proprietary capture tools. and sentiment analysis to protect the portfolio from market volatility.
These tools allow the Fund to generate a universe of DeFi investment opportunities which are then subjected to rigorous risk analysis. The proprietary internal risk model focuses on four pillars of security assessment (smart contract, platform, counterparty, financial and credit risk), using a sum of 135 measured variables compiled from historical data to analyze all aspects of risk exposure.
Lucas Kiely, CIO at Yield App, says, “Through this partnership with Trovio, we are making available to a wider audience of wholesale investors the internally proven DeFi strategy that has powered Yield’s yield-generating engine. App.”
He continues, “Yield App’s expertise in the DeFi space combined with Trovio’s long and successful track record in the digital asset industry, makes them the team best positioned in the market to take advantage of the opportunities available in DeFi. , while maintaining a strict focus on capital preservation throughout.
Jon Deane, CEO of Trovio Group, said, “Trovio has spent the past five years developing a market-leading asset management solution for native digital assets. Today we are delighted to announce the launch of the Trovio DeFi fund in partnership with Yield App, an institution we have worked closely with during this time. Yield App brings a wealth of experience in managing risk in decentralized finance, and we look forward to continuing to grow this partnership, providing our investors with recognizable institutional investment products aligned with best-in-class risk management and governance.
Tim Frost, CEO of Yield App, said, “We are proud to bring the industry-leading expertise of our world-class DeFi risk management team and our industry-leading proprietary risk model to Trovio, a leading asset manager in the digital asset space. . This exciting partnership presents an unprecedented opportunity to explore synergies between our two businesses and we look forward to collaborating with Trovio on this offering.
About the Yield app
Yield App believes that everyone should have access to the best earning opportunities. Its mission is to unlock the full potential of digital assets and combine them with the most rewarding opportunities available in the world. To achieve this, the company offers an innovative digital wealth platform and crypto app that connects traditional and decentralized finance in the easiest way possible. For more information, please visit yield.app.
About Trovio Group
Trovio Group is Asia-Pacific’s hybrid asset manager and technology solutions architect. Founded in 2017, Trovio Group is reimagining existing markets and infrastructure as well as the global economic landscape. Trovio believes that the evolution of commerce through digitization, data capture and decentralization challenges many sectors, creating opportunities for investors, executives and stakeholders. For more information, please visit trovio.io.