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Sygnum has transformed its Yield Core AMC fund into a Luxembourg-based Reserved Alternative Investment Fund (RAIF) structure in response to market demand.

The RAIF structure opens up new market opportunities for Yield Core, with potential expansion into Singapore and other global regions .

cording to an official on Thursday, October 31, the transition is designed to meet the increasing demand from institutional investors for secure, yield-generating crypto investments. The RAIF structure enhances investor protection and streamlines international distribution while reinforcing the company’s reputation in the emerging economy.

Yield Core AMC Now Better Suited for Investors

Before the transition, the fund was better known for its investment in crypto yield strategies—including lending, arbitrage, and liquidity provision. However, by adopting the RAIF structure, Yield Core now offers increased governance and robust asset protection, reducing counterparty risk while allowing proportional ownership of underlying assets. The fund promises an enhanced framework with greater stability and transparency for large-scale investors.

According to Sygnum, the fund has garnered nearly $30 million in assets under management. However, with the transformation, it will be expanded into new markets, such as Singapore, to broaden its appeal to professional in

99% of Sygnum’s Customers Supports Fund Transition

The transition of Yield Core into RAIF structure received overwhelming support from Sygnum’s existing investors, with 99% approving the move. According to the neobank bank, the approval underscores strong confidence in its risk-return approach and Yield Core’s performance, boasting a Sharpe ratio of 2.7 over the past two years.

Hauck & Aufhäuser Innovative Capital, the Alternative Investment Fund Manager (AIFM), supported the move. The company partnered with the bank to oversee Yield Core’s compliance and regulatory aspects.

Commenting on the fund’s restructuring, Stephan Edelmann, the company’s managing director, said that through its partnership with Sygnum, the duo has created an opportunity for investors to gain exposure to the emerging asset class “with confidence and compliance”.

Sygnum said the fund is available directly on its platform for professional and institutional investors. It is also accessible through undisclosed custodial partners, with expanded distribution anticipated in select jurisdictions.

Institutional Investors Demand More Products Tailored to their Needs

Meanwhile, the restructuring of Yield Core AMC comes at a time when institutional demand for crypto investment products is on the rise, thanks to the launch of the Bitcoin and Ethereum exchange-traded funds ().

According to a conducted by EY-Parthenon, institutional demand for digital assets and crypto-related funds is at its peak, with 94% of surveyed respondents saying they are “long-term believers” in the industry. These same investors are demanding that service providers provide more institutional-focused capabilities to enable them to participate in the market.