Innosuisse supporting Liechtenstein-based company and university
Together with the Institute for Finance at the University of Liechtenstein, the Schaan-based Incrementum AG is conducting research into the opportunities and risks posed by blockchain technology in the financial sector. Innosuisse is supporting the project with financial aid.
This will be the first time that the Liechtenstein government, in conjunction with the Swiss Innovation Agency (Innosuisse), is supporting more profound research into crypto funds, the University of Liechtenstein writes in a press release. A joint project between the Institute for Finance at the University of Liechtenstein and the Liechtenstein-based asset management boutique Incrementum AG is aiming to examine “the opportunities and risks associated with blockchain technology with and for a practice partner”, the press release explains further. This more in-depth analysis will be focused on the Digital & Physical Gold Fund. This fund product combines the strongest cryptocurrencies with gold.
The project will receive funding totaling 360,000 Swiss francs from the Liechtenstein government and Innosuisse spread over several years. According to the press release, an event celebrating “a great success for the local crypto industry” will be held in the Auditorium of the University of Liechtenstein on November 26, 2019. The press release provides details of the event, for example Mark Valek of Incrementum AG will be presenting the fund and its strategy. Martin Angerer, Assistant Professor at the University of Liechtenstein, will likewise take to the stage to explain “what the grant means for academic research in Liechtenstein and beyond”.