The DZ bank group investment arm Union Investment, worth $500 billion, is taking steps to adopt crypto after assessing Bitcoin certificates. It plans to offer crypto investment services to individual investors. The plan also includes converting a percentage of their funds into Bitcoin.
The portfolio manager of the company, David Barthe, wants to convert about 2% of the portfolio to BTC, although an exact date hasn’t been established yet.
The idea arose from the company’s first addition of crypto to a mixed fund which bears the name of Private Funds Flexible Pro.
Union Investment is one of the developments that have decided to make crypto exposure less of a hassle for the average human. Germans S Brokers, for example, issued 40 BTC certificates, Stocks, and ETFs, meanwhile, which offers customers access to a wide array of crypto assets.