Crypto Investing App Ember Fund Raises $700k via SEC’s Reg. CF
Startup crypto investing app Ember Fund has successfully raised $700k in a crowdfunding sale the company conducted under the U.S. SEC’s Reg CF. Ember Fund says the new funds will help it increase its customers and revamp its platform. Ember Fund, a crypto investing app available in the U.K and U.S. among other locations, raised the funds in a crowdfunding sale, conducted while adhering to rules set by the U.S Securities and Exchanges Commission (SEC).
Ember Fund has steadily grown its customer base as it offers users an easy way to invest in managed crypto assets. The company’s current offering of pre-vetted crypto portfolios include Quant Fund, Marius S-Tier Fund, Big 3 Weighted Fund, DataDash Index Fund, and Ember 5 Weighted Fund
Compared to Bitcoin (BTC), the company’s Marius S-Tier returned 23.4% in the first four months of 2020.