Cryptalgo’s CEO Francisco Portillejo Hoyos is certain beyond all doubt that when it comes to HNWs, ‘cryptocurrencies are a new asset class [that will] find a place in the alternative investment field once regulation is in place’. For Cryptalgo – whose clients include hedge funds, UHNWs, institutional investors, family offices and asset managers – the future is crypto, and this new asset class will play an important role with global macro managers as a diversification investment tool. In short, Cryptalgo is a Swiss-based fintech company that offers a secured global cryptocurrency Order Execution Management System (OEMS) which provides a ‘total view’ of the global crypto market – painting a picture of crypto price movements around the world, and allowing for super-fast trade ‘best execution’ to optimise trade goals. Portillejo Hoyos tells Spear’s that the last three years have been crucial for the cryptocurrency market, with the adoption by the retail market of this new asset class. The first wave, he says, was driven predominantly by millennials and early adopters. However, the move towards the centre ground of finance is now truly underway. ‘The next wave is now upon us with the arrival of family offices, hedge funds and asset managers entering the space.’ He adds that institutions will follow once regulation and institutional-grade technology solutions are in place.
Francisco Portillejo Hoyos