What Is Crypto Fund Administrator? How Does It Work?
The Crypto Fund Administrator is an outsourced third party service provider that enables digital strength fund managers to concentrate on managing their portfolios by taking better care of all administrative tasks which are quite essential to run a fund. Basically, it protects the interest rate of stockholders by individually verifying the assets and valuation of the fund. By outsourcing the fund administration function, fund managers are allowed for self-determination in order to focus on portfolio management internally. Generally, fund administration has collectively two parts: fund accounting and the activities of registrar/transfer agent. A Fund Administrator’s Activities include, but are not inadequate with, net asset value (NAV) calculations, financial reporting, preparation of reports for stakeholders, accounting services, managing fund bank accounts, and compliance monitoring as well as reporting. However, Crypto Fund Administrators perform the same functions but for investmen