BMCS LAUNCHES THE FIRST CRYPTO INVESTMENT FUND FOR SUMCOIN
February 09 2022 - 9:51AM
InvestorsHub NewsWire
- Open to qualified US and international
institutional and accredited retail investors, the investment
vehicle is the management firm’s newest product suite
addition
- The Fund provides exposure to Sumcoin, an
aggregate sum of the market capitalization of the top 100
coins.
Woodland Hills,
CA -- February 9, 2022 -- InvestorsHub NewsWire
-- BMCS
Sumcoin Index Fund (OTC:
BMCS dba BioTech Medics), a U.S. based fintech company today
announced the launch of a new cryptocurrency investment fund (the
“fund”). Backed by a $15M initial investment, BMCS Sumcoin Index
Fund provides exposure to Sumcoin, the world’s first cryptographic
index of the top 100
coins.
The Fund employs
a single-asset investment strategy and seeks to generate capital
appreciation derived from high-performing digital coins. Through
the fund, investors will have the opportunity to invest capital in
Sumcoin a cryptographic blockchain and index, guarded by a
proof-of-work algorithm that tracks and analyses a combined market
capitalization of the top 100 coins, as a means to aggregate their
values into one coin. Instead of having to monitor the prices of
100 separate coins, Sumcoin deploys an investment model that aims
to mitigate risk and shield investors from high-risk factors and
has the potential for attractive risk-adjusted returns. Sumcoin is
a crypto alternative offering, for investors who want to invest in
cryptocurrencies but may only want to hold one coin for
simplicity.
The fund is
widely available to qualified US investors, alongside international
institutional and accredited retail investors with a minimum
initial contribution of $25,000 to participate. In total, the BMCS
Sumcoin Index Fund manages approximately $70+ million in
assets to date. Shares are
available via private placement to accredited investors directly
from BMCS-OTC publicly traded shares are also tradeable under the
ticker BMCS-OTC.
Founded by Chief
Executive Officer Tony Miller, BMCS Sumcoin seeks to be a
transparent and safe alternative to large personal investments with
Ubiquitous Index Management (the parent) over-seeing the entire
process.
“My unique
background in running public companies, my team, and my passion for
blockchain technology is what has driven the vision behind the BMCS
Sumcoin Index Fund. We are excited to expand crypto offerings to
more people who are looking to (Diversify) to dip their toes in the
water. The entire crypto landscape is burgeoning, and we believe
Sumcoin is (the attributes it adds to crypto is an overlooked
opportunity. Our goal is to enhance the value and liquidity of
Sumcoin in the digital ecosystem. We also view it as our chance to
introduce these opportunities responsibly with a focus on privacy
and exemplary service,” said Tony Miller, CEO of BMECS Sumcoin
Index Fund.
BMCS Sumcoin
Index Fund has undergone significant review and consideration in of
all facets of the investment process and is dedicated to
(Continued) substantial, secure custody arrangements, and
regulatory
considerations.
BMCS Sumcoin’s
investment products are available to institutional and individual
accredited investors through respective periodic and ongoing
private placements. The top 100 Sumcoin are publicly-traded in
accordance with the rules and regulations of the SEC and may be
bought and sold throughout the day via any brokerage
account.
This press
release is not an offer to sell or the solicitation of an offer to
buy any security in any jurisdiction where such an offer or
solicitation would be illegal, nor shall there be any sale of any
security in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of that
jurisdiction.
For more
information, please visit https://bmcssumcoin.com/
READ MORE
ABOUT SUMCOIN: https://www.sumcoin.org/
ABOUT BMCS
SUMCOIN
BMCS SUMCOIN
INDEX FUND is a Delaware statutory trust that holds Sumcoin on
behalf of its shareholders. The fund seeks to track the top 100
cryptocurrencies in the ecosystem “the Sumcoin value” and the
trustee serves as custodian of the fund's
Sumcoin. It is open for
eligible individual and institutional accredited investors with
$25,000 or more to invest in Sumcoin. BMCS is actively moving to be
elevated to the next tier on OTC markets OTCQB and to obtain all
regulatory compliances. We are currently doing business as BioTech
Medics and expect the final name change to BMCS Sumcoin Index Fund,
Inc. to be completed by FINRA very
soon.
ABOUT OUR
OFFERING
The company
currently filed a Reg. D 506c offering with the SEC and has started
raising capital with this exemption. This exemption allows the firm
to advertise and to raise an unlimited amount of money from an
unlimited number of accredited investors. The capital raised by
this venture will be utilized to increase shareholder value and
accelerate the utility of Sumcoin
worldwide.
MEDIA
CONTACTS:
Sarah
Evans
Sevans
PR
sarah@sevanspr.com
224-829-8820
Sarah
Mawji
Sevans
PR
sm@sevanspr.com
Julia
Laznuik
Sevans
PR
julia@sevanspr.com
CONTACT
INFORMATION
INVESTOR RELATIONS
STOCK SYMBOL: (BMCS-OTC)
EMAIL: tony@biotecmedics.com
WEBSITE: www.bmcssumcoin.com
PHONE: 800.988.3782
LOCATION: WOODLAND HILLS,
CA.
SOURCE: BioTech
Medics Inc/BMCS SUMCOIN INDEX
FUND
BioTech Medics (PK) (USOTC:BMCS)
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