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Trovio Group launches $35m DeFi fund powered by Yield App

By Leandra Monteiro

November 04, 2022

  • Asset Management
  • Australia
  • DeFi Fund
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Trovio Group, Yield AppTrovio Group, an Asia Pacific hybrid asset manager and technology solutions architect, announced the launch of the $35 million Trovio DeFi Fund, powered by Yield App, a global FinTech company and digital wealth platform.

The Trovio DeFi Fund offers wholesale investors the opportunity to allocate capital into a yield-generating strategy within the DeFi ecosystem. Managed by Trovio’s asset management team, in partnership with Yield App’s highly experienced DeFi risk management team, the Fund has a strong focus on capital preservation, using proprietary sentiment capture and analysis tools with the aim to protect the portfolio from market volatility.

These tools allow the Fund to generate a universe of DeFi investment opportunities which then undergo rigorous risk analysis. The internal proprietary risk model focuses on four security assessment pillars (smart contract, platform, counterparty, financial and credit risk), using a sum of 135 measured variables compiled from historical data to analyse all aspects of risk exposure.

Lucas Kiely, CIO at Yield App, said, “Through this partnership with Trovio, we are making the internally tried and tested DeFi strategy that has powered Yield App’s return-generating engine available to a wider audience of wholesale investors.”

He continued, “The expertise of Yield App in the DeFi space combined with Trovio’s long and successful track record within the digital asset industry, makes this the best-placed team in the market to take advantage of the opportunities available in DeFi, while maintaining a strict focus on capital preservation throughout.”

Jon Deane, CEO of Trovio Group said, “Trovio has spent the last five years building a market-leading asset management solution for digital native assets. Today we are excited to announce the launch of the Trovio DeFi Fund in partnership with Yield App, an institution that we have worked closely with during this period. Yield App brings a wealth of experience in managing risks in decentralised finance, and we look forward to continuing to grow this partnership, providing recognisable institutional investment products aligned with best-in-class risk management and governance processes, to our investors.”

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