AQRU PLC (AQSE:AQRU) said it launched AQRU Trend, a high-return strategy for cryptos to enable retail investors to diversify, capture market upside and limit market downside.
AQRU Trend, introduced by its wholly-owned subsidiary Accru Finance Ltd and accessible via trading platform AQRU.io, tracks market movements and uses an algorithm to assess a weighted basket of 10 leading cryptos (excluding stablecoins, security tokens and tokens constituting specified investments) based on factors including the price momentum and volatility of each coin and adjusts the portfolio for expected market trends.
As an example, AQRU said that if data suggests the value of the digital currencies would likely fall, the algorithm reduces the weightings in exchange for USD Coin (USDC), a cryptocurrency designed to track the value of the dollar, in order to reduce the risk.
Funds held in USDC generate a yield of 3%, with the portfolio rebalanced weekly to ensure customers’ returns are maximised and risk is mitigated, the decentralised finance specialist said.
"With the launch of AQRU Trend and AQRU Exchange, Accru Finance is strengthening its presence in the DeFi [decentralised finance] sector by expanding its current portfolio beyond yield products,” said chief executive Philip Blows.
Users only pay a one-off fee of 0.35% on the entire exchange value, with rates equivalent to normal rates offered to institutional investors. All fiat bank transfers in and out are free.