FiCAS, a Switzerland based crypto investment management boutique, announced the appointment of Dr. Daniel Diemers,  as a new member of its Board of Directors.

It is worth noting that Dr. Diemers is a founding member of the Swiss Blockchain Federation, the Swiss Finance Technology Association, and the Crypto Valley Association, as well as a serial digital entrepreneur and investor.

He was formerly the Financial Services Partner at PwC Strategy& and PwC Head of Blockchain for Europe, Middle East, and Africa.

This announcement follows FiCAS’ recent launch of the Bitcoin Capital Active ETP, claimed to be the world’s first discretionary managed ETP with cryptocurrencies as the underlying asset, which is listed on SIX. Since its launch last month, FiCAS has increased its assets under management by over 50% to more than 3 million CHF, with inflows suggesting widespread retail adoption.

Commenting on his appointment, Dr. Daniel Diemers said,

“I was impressed by FiCAS’ innovative investment strategies, as well as the team’s determination to introduce new pioneering crypto-products to the market. I am proud to be joining the FiCAS Board of Directors and look forward to bringing my experience in finance and blockchain technology to propel forward change and growth in the financial markets.”

Dr Mattia Rattaggi, Chairman of the FiCAS BoD, said,

“Daniel Diemers brings a wealth of experience and knowledge, as well as his industry reputation and network to FiCAS. His guidance will be instrumental to ensure continuous sustainable growth to an institutional-grade firm offering a first-of-its-kind product to professional and institutional investors seeking to add potential for exponential returns to their portfolios.”

This article first appeared on Finanzprodukt.ch