Iconic Holding’s sub-brands, Iconic Funds and Iconic Lab, an institutional-grade crypto asset investment opportunity provider that provide investors both passive and actively managed exposure to crypto assets, as well as venture investment opportunities, through professionally managed investment vehicles has set up an office in Dubai UAE.
According to a recent article in Gulf News, The Iconic Funds group issues exchange traded products (ETPs) physically backed by crypto assets, such as Bitcoin, as well as diversified crypto index funds for qualified and professional investors. According to Oliver Von Wolff, CFO and Managing Director Iconic Middle East Investment, ” We recently launched a Multi-Manager platform where investors may find actively managed strategies from emerging managers that leverage quantitative and algorithmically driven crypto investment strategies. Iconic’s aim is to be the one-stop-shop for investors seeking exposure to crypto assets through our various strategies.”
Iconic Lab is the venture capital arm, investing in the most disruptive and innovative decentralized business models being built in the crypto and blockchain ecosystem. According to Von Wolff they have invested in over a dozen early-stage projects and are preparing to launch a new venture capital fund later this year. Some of our most recognisable investments include Unibright, INDX and Braincities. He adds, ” We look forward to exploring the UAE venture ecosystem as a source for new investment opportunities and using our global network to help our companies scale.”
Iconic Labs recently opened a new office within the DIFC ( Dubai International Financial Center). It had announced it would be opening earlier on this year. As Von Wolff concludes,” We are very excited to be a part of the UAE crypto ecosystem and look forward to working with local partners to drive the adoption of crypto assets and blockchain together.”