UAE-based Sarwa unveils crypto portfolios to facilitate investment

By Shilpa Annie Joseph, Official Reporter
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UAE-based investment advisory firm Sarwa has launched Sarwa Crypto portfolios to tap investor demand for digital currencies despite price volatility.

According to the reports, the portfolios are globally diversified across class assets while providing a five percent exposure to Grayscale Bitcoin Trust (GBTC), the first and largest publicly traded Bitcoin investment vehicle in the World.

The investment platform said the new product would make a “complex and inaccessible asset class” easier to invest in. The Sarwa Crypto Portfolio is offered by Sarwa Digital Wealth Capital and regulated by Abu Dhabi Global Market’s Financial Services Regulatory Authority, according to the statement.

Mark Chahwan
Mark Chahwan
CEO- Co-Founder
Sarwa

“There is a significant amount of interest around cryptocurrency and specifically Bitcoin in the region. At the same time, there are a lot of barriers to safely buy and sell these assets – including not knowing where to start. There is a significant amount of interest around cryptocurrency and specifically Bitcoin in the region. At the same time, there are a lot of barriers to safely buy and sell these assets – including not knowing where to start. Bitcoin has a lot going for it as a potential store of value, but it’s also relatively new, and very volatile. The reality is, it is still a speculative asset, yet each year it survives it becomes more valuable. Having a globally diversified portfolio with a small exposure to Bitcoin is, I believe, a safe and secure way of having exposure to Bitcoin.”

Sarwa Crypto portfolios follow the same data-driven strategy as Sarwa Invest portfolios and provide the same global diversification. They have an added allocation of five percent to GBTC. Investors obtain exposure to Bitcoin in the form of security while avoiding the difficulties of directly purchasing, storing, and safeguarding Bitcoin.

Related: Qatar’s Ahlibank launches its digital wallet in the country

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