NAV Experiences Growth in Number of Cryptocurrency Clients

OAKBROOK TERRACE, Ill., Aug. 20, 2019 /PRNewswire-PRWeb/ -- NAV Fund Administration Group (NAV) continues to see growth in its number of crypto clients. As interest in cryptocurrency steadily rises, clients have found expert crypto service at NAV, which has become one of the biggest fund administrators in the crypto space.

NAV understands cryptocurrency both as a tradable asset and as a technology, with its technical knowledge encompassing the treatment of forks and airdrops, valuation, AML, and more. In addition to their technical insight, NAV's cryptocurrency staff has considerable experience with various crypto strategies, from basic ones like high frequency quantitative trading and arbitrage, crypto derivatives, and cold storage to more complex strategies like farming, mining, staking, and ICO's. NAV also uses proprietary technology with the unique ability to interface directly with top crypto exchanges, allowing them to onboard new exchanges and products to better satisfy client needs. NAV utilizes its technology in tandem with its network of service providers, which includes banks, auditors, and custodians, to provide clients with better service.

"NAV's dedicated staff and technical proficiency allow us to comfortably administer a variety of cryptocurrency solutions," says Nav Gupta, CEO and Founder of NAV. "Our resources, combined with the insight of our dedicated teams, award NAV an advantageous position at the forefront of the cryptocurrency industry."

About NAV Fund Administration Group

For over 28 years, NAV Fund Administration Group has served as a globally-recognized hedge fund administrator. Offering comprehensive services in accounting, reporting, investor servicing, and middle and back-office support has gained NAV the continued support of over 900 clients. NAV is ranked among the top 10 hedge fund administrators in the world by number of funds. With over 700 employees and $80 billion AUA, NAV continues to distinguish itself in the industry through its independence, unmatched client retention, and versatile proprietary technology.

SOURCE NAV Fund Administration Group