Blockchain
Q9 launches YIELD, Dual Cryptocurrency Products
Q9 Capital, a crypto investment platform for individuals and institutions, announced the launch of YIELD allowing clients to monetise their market view on crypto and earn attractive premiums.
YIELD provides clients with an easy way to enter the market within their preferred parameters in exchange for a premium.
Often known as dual currency products (DCPs), these investments provide unique and customisable contracts where investors decide their preferred strike price, yield and maturity period at inception. Investors benefit from knowing their yield upfront with a pre-determined premium, and depending on whether the market price is above or below your strike price at maturity, they receive their proceeds in BTC or USDC. Yields typically range from 40% to 200% APR and can be rolled at maturity.
With interest rates on traditional bank deposits close to zero, investors are now increasingly looking for yield elsewhere in alternative asset classes like cryptocurrencies.
Launched in early 2021, Q9 has now developed one of the broadest product sets in crypto globally. The addition of DCIs further expands and complements Q9’s integrated offering which includes Spot and Leveraged Trading, Custody and Earn.
James Quinn, Managing Partner of Q9, elaborates, “YIELD is a major building block in the development of the Q9 platform. We are incredibly excited to expand our suite of innovative crypto products and 2022 is promising to be a strong year of growth for the platform on the back of this launch”.
DCIs are a non-principal protected structured product with an enhanced yield involving two different cryptocurrencies. Upon subscription, you select the underlying crypto asset, subscription amount, yield and delivery date. Your return will be denominated in the deposit currency or alternate currency, depending on market conditions.
Q9 YIELD is available to international investors and there is no minimum commitment for account opening. For residents of Hong Kong these products are only available for accredited investors.
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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