On January 26, 2018, 3iQ Corp. announced that it has agreed to terms and conditions with the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) to act as Canada's first Portfolio Manager and Investment Fund Manager permitted to invest in multiple crypto assets.
Units of 3iQ's Global Cryptoasset Fund will be available to accredited investors, advisors and dealers via Fundserv, and to pension funds, institutions and family offices via private placement. The fund, structured as a Trust, will invest directly in bitcoin, ether and litecoin, three of the leading cryptoassets.
3iQ is a Canadian Investment Fund Manager focused on providing innovative investments of institutional quality in disruptive technologies and the crypto asset space.
Osler, Hoskin & Harcourt LLP represented 3iQ with a team consisting of Andrew Aziz, Lori Stein and Kevin Feng (Corporate).