- CPICIMHK and AMINA Group’s partnership represents a significant milestone in the institutional adoption of digital assets, among first-movers in the asset management industry
- CPICIMHK and AMINA Group will provide investment advisory and banking services respectively as an integrated solution to the Pacific Waterdrip Digital Asset Funds
Hong Kong and Zug, 10 July 2024 – CPIC Investment Management (HK) Company Limited (CPICIMHK), the Hong Kong incorporated investment management subsidiary of China Pacific Insurance Group (CPIC), a respected insurance group in mainland China with over RMB 2 trillion in total assets, and Swiss-headquartered AMINA Group, one of the first FINMA-regulated banking institutions to provide crypto services, are pleased to announce a strategic partnership. This partnership signifies a pivotal development in bridging traditional finance with the rapidly evolving world of cryptocurrencies in Asia Pacific.
In a move to adapt to the growing adoption of cryptocurrencies and blockchain technologies, CPICIMHK has partnered with AMINA Group to provide investment advisory and banking services respectively as an integrated solution to the Pacific Waterdrip Digital Asset Funds. This partnership underscores CPICIMHK’s commitment to innovation and diversification in the financial sector on the back of its license uplifts from the Securities and Futures Commission of Hong Kong (SFC) to offer distribution and investment advisory services related to virtual asset investment products. This partnership also highlights AMINA Group’s commitment to support the growth and accessibility of quality digital asset investments on a global scale.
The Pacific Waterdrip Digital Asset Fund I targets early-stage blockchain projects, providing essential capital to foster growth and development. This fund enables investors to capitalize on the burgeoning opportunities within blockchain technology, backed by meticulous investment strategies. Conversely, the Pacific Waterdrip Digital Asset Fund II focuses on proof-of-stake digital assets, presenting a unique opportunity for investors to engage with energy-efficient and secure digital assets. The fund’s robust structure and comprehensive risk management strategies offer investors a secure pathway into this emerging asset class.
Amy Yu, CEO APAC of AMINA Group commented on the partnership: “Our collaboration with CPIC Investment Management (HK) demonstrates our commitment to an expansion into Hong Kong and Asia Pacific as a key region for digital assets. By leveraging our combined strengths with our licensed capabilities across Switzerland and Hong Kong, we with CPIC Investment Management (HK) are poised to set new standards in financial innovation and access, offering investors exceptional opportunities in the evolving landscape of digital assets across multiple regions.”
Chenggang Zhou, CEO of CPIC Investment Management (HK) added: “Security and compliance are essential for any solutions that bridge traditional capital and crypto assets. AMINA and CPIC Investment Management (HK) (CPICIMHK) are at the forefront of providing these solutions and have become trusting partners given our shared vision and high service standards. AMINA facilitates on/off-ramping, crypto trading and custodial services in a secure and compliant way in Switzerland for the crypto portfolios that CPICIMHK advises on for its clients. We believe that we are setting the industry standard for traditional investors to allocate into crypto assets and for crypto native players to diversify into “real world” investments”.
The partnership between CPICIMHK and AMINA Group represents a significant advancement in the integration of traditional and digital finance. By combining CPICIMHK’s robust investment management and advisory capabilities with AMINA Group’s innovative digital asset solutions, this collaboration offers clients a unique and seamless investment experience. Together, CPICIMHK and AMINA Group are redefining financial services, providing a bridge between the established financial sector and the emerging world of digital assets.
About AMINA Group
Founded in April 2018 and headquartered in Zug (Switzerland), AMINA Bank AG is a pioneer in the crypto banking industry. In August 2019, AMINA Bank AG received a Swiss Banking and Securities Dealer Licence from the Swiss Financial Market Supervisory Authority (FINMA). In November 2023, AMINA (Hong Kong) Limited received its securities and asset management licenses from the Securities and Futures Commission (SFC). AMINA Bank AG ADGM received its financial license in January 2022 from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). The broad, vertically integrated spectrum of services, combined with industry leading security standards, make AMINA Group’s value proposition unique. AMINA Group operates globally from its regulated offices in Switzerland, Abu Dhabi, and Hong Kong to offer a broad range of financial and securities services that go from the traditional ones to fiat and crypto services, among others, to innovative professional investors, traditional and crypto-native alike, whether individuals, corporates or institutions.
About CPIC Investment Management (HK)
CPIC Investment Management (H.K.) Company Limited is a company incorporated under the laws of Hong Kong with limited liability and licensed to conduct Type1 (Dealing in Securities), Type 4 (Advising on Securities) and 9 (Asset Management) regulated activities with the Securities and Futures Commission in Hong Kong. CPICIMHK is jointly owned by China Pacific Insurance (Group) Co., Ltd and its subsidiary Pacific Asset Management Co., Ltd. With global insights, CPICIMHK provides professional investment management and advisory services from asset allocation to three pillars of asset classes across the spectrum of traditional asset and emerging assets – fixed income, equity and alternative investments, with virtual assets newly added into the investment advisory scope.
AMINA Bank AG is a Swiss bank and securities dealer with its head office and legal domicile in Switzerland. It is authorized and regulated by the Swiss Financial Market Supervisory Authority (FINMA). This document is for your information only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. The information contained herein does not constitute a personal recommendation or take into account particular investment objectives, investment strategies, financial situation and needs of any specific recipient. Certain products and services of AMINA Bank AG are not accessible to residents and/or nationals of certain countries. Certain services and products are subject to legal restrictions and cannot be offered on an unrestricted basis and/or may not be eligible for sale to certain investors. Recipients are therefore asked to consult the sales restrictions relating to products or services in question for further information. Furthermore, recipients may consult their legal/tax advisors should they require any clarifications.