Fundbox and Kvarn X Launch KvarnPortugal Fund with 80% Allocation to Bitcoin

In a significant development for European cryptocurrency investments, Fundbox has joined forces with Kvarn X to unveil the KvarnPortugal Fund. This innovative fund will strategically allocate 80% of its assets to Bitcoin while diversifying the remaining 20% into the CoinDesk 20 Index. Catering to affluent investors, the fund sets a minimum entry threshold of 100,000 Euros, coupled with a competitive management fee of just 0.05% and a subscription fee of 2.5%. Furthermore, for those eyeing residency via the Portuguese golden visa, an investment of at least 500,000 Euros is required, alongside a commitment to reside in Portugal for a minimum of 35 days over five years. The initial subscription period for this fund is set to expire in February 2027, making it a timely opportunity for discerning investors.