Wave Financial Launches Stable Asset Yield Fund

The Wave Stable Asset Yield Fund is designed to capture attractive yields with minimal volatility and low beta to cryptocurrency price movements.

LOS ANGELES, May 10, 2022 /PRNewswire/ -- Wave Financial LLC (Wave), the SEC regulated digital asset investment management company, is pleased to announce that following increased investor demand, it is launching its 8th digital asset fund with over $60m in committed seed capital, which will complement its existing offerings that include an index, real asset, income, VC and NFT funds. The Wave Stable Asset Yield Fund (SAYF) is designed to deploy capital via stablecoins into decentralized finance (DeFi) platforms to generate a target yield of 8-12% per annum and will have an emphasis on low volatility as historically exhibited by stablecoins. The fund will also offer monthly dividend and liquidity for maximum flexibility for the investors.

"In keeping with Wave's objective to unlock the potential of digital assets, we created an instrument which allows high net worth and institutional investors to more easily take advantage of the yields available in the DeFi market," says Benjamin Tsai, Co-Founder and President of Wave Financial. "The low volatility (historically less than 1% pa) exhibited by stablecoins and the monthly redemption feature makes this instrument ideally suitable for cash management and alternative yield."

"Digital asset capital markets are characterized by rapid innovation, generating attractive yields and high volatility. Stablecoins are an innovative tool for investors to capture those yields while limiting their exposure to the volatility," added Henry Elder, Head of Decentralized Finance at Wave Financial and Portfolio Manager for the Wave Stable Asset Yield Fund.

Wave Financial is one of the few digital asset managers to be regulated in the US by the SEC, which demonstrates their commitment to the highest standards of investment management. The popularity of their fund and wealth management products has resulted in AUM growth from under $100 million in 2020 to over $1 billion in 2022.

To learn more about Wave Financial, please visit https://www.wavegp.com/.

About Wave Financial

Wave Financial LLC (Wave) is a Los Angeles based investment management company that provides institutional and private wealth digital asset management solutions. Led by a team of highly experienced financial services professionals, Wave provides investable funds via diverse investment strategies applied to digital assets and tokenized real assets. Wave also offers managed accounts for HNWIs and family offices seeking tailored digital asset exposure, bespoke treasury management services, and early-stage venture capital and strategic consultation to the digital asset ecosystem. Wave is registered with the US Securities & Exchange Commission as an investment adviser.

W: https://www.wavegp.com/

T: https://twitter.com/wave_financial

L: https://www.linkedin.com/company/wave-financial/

Important Disclosures and Other Information

Nothing in this material should be interpreted as an offer or recommendation to buy, sell or hold any security or other financial product. Past performance is no guarantee of future results. Wave Financial LLC is an investment adviser, registered with the US Securities and Exchange Commission (CRD#: 305726). Registration with the federal authority does not imply a certain level of skill or training. Additional information including important disclosures about Wave Financial LLC also is available on the SEC's website at www.adviserinfo.sec.gov. Or, learn more information about Wave Financial at www.wavegp.com.

The ecosystem landscape included in this post is intended to provide generalized guidance; nothing in this analysis is intended as tax advice, investment advice, a recommendation to purchase a security or an introduction to particular funding or capital resource.

SOURCE Wave Financial