No - CRYPTO20 is not a platform. It is an autonomous, high-performance, low-cost cryptocurrency index fund. Development of the trading system is complete - CRYPTO20 offers value now, not at some point in the future. Diversification to the top 20 cryptocurrencies is now possible by holding a single token.

CRYPTO20 has been established in the Cayman Islands jurisdiction. The Caymans are a popular international jurisdiction for the incorporation of investment funds.

The Cayman jurisdiction has seen a strong increase in private equity funds year on year over the past decade. The popularity of Cayman private equity funds has been fuelled by the increase in hedge fund managers growing into the private equity space and by the increased use of private equity funds to pursue distressed asset investments.

The Cayman limited liability company (LLC) was introduced last year as a flexible, tax-neutral low-cost fund vehicle with a corporate personality.

The LLC is a flexible structure ideally suited for use as a closed-end investment vehicle. The Cayman LLC was established under legislation that was drafted with the key terms of private equity vehicles in mind.

The registration, due diligence and reporting requirements which arise from this legislation is generally delegated to a private equity fund’s administrator. The procedures are closely aligned with existing anti-money laundering (AML/KYC) requirements to ensure that the use of Cayman vehicles for private equity structures remains a low cost option.

Please see this Deloitte report for more.