Blockchain-focused fintech company Bitfury Group has entered into a partnership with Swiss investment fund Final Frontier in order to launch a regulated Bitcoin mining fund for institutional and professional investors.
According to the announcement, the fund provides investors with a "regulated investment vehicle to gain exposure to bitcoin mining."
Bitfury CEO, Valery Vavilov, says the new partnership between Final Frontier and Bitfury is starting to produce "significant benefits for investors around the world."
"With this innovative fund, Final Frontier is providing investors with a novel way of accessing bitcoin mining opportunities, creating financial opportunities and furthering institutional adoption of bitcoin," he added.
Earlier, Bitfury announced the partnership with the Seoul-based Commons Foundation to launch bitcoin (BTC) transaction processing hubs in Paraguay.
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