Swiss wealth manager Criptonite AM has entered into a strategic partnership with SEC-regulated digital asset investment manager Wave Financial.

The companies will work together to cater to the growing demand for regulated crypto-asset investment products from European investors.

The partnership aims to offer diversified crypto investment solutions to qualified investors across Switzerland via regulated Actively Managed Certificates (AMC).

AMCs, which are securitised portfolios similar to Exchange Traded Funds, have witnessed increasing popularity during the past decade owing to the level of flexibility they provide.

Commenting on the development, Wave International president Matteo Perruccio said: “As one of the early entrants in the crypto asset management sector, we have accumulated a deep knowledge of the digital asset markets and opportunities.

“I look forward to working with Criptonite to offer novel and highly attractive investment solutions to their professional clients. Initially, we will be focusing on specific themes, such as income growth, yield generation and diversified strategies, as well as selective portfolios.”

Criptonite CEO and founder Florian Rais added: “As this asset class has grown very rapidly, many traditional asset and wealth managers are increasingly seeking assistance from outside specialists to help service their clients’ crypto investment needs.

“Both Criptonite and Wave recognise the growing interest amongst traditional investors who want to participate in this new asset class.”

Geneva-based Criptonite provides institutional and private wealth digital asset solutions.

It manages the Next Gems Certificate, which is said to help investors to obtain long-term capital growth by focusing on a mid to short-term swing trade strategy on major pairs of crypto assets.