Ace Digital Acquires Ace Funds AS to Launch Bitcoin Treasury Company Hedge Fund
Norway, Oct. 27 -- Ace Digital AS has acquired 100% of Ace Funds AS, a dormant but compliant Alternative Investment Fund (AIF) and Fund Manager (AIFM) in Oslo. The acquisition, effective immediately, provides Ace Digital with full control of the fund management structure, further strengthens the company's Bitcoin-focused strategy without impacting liquidity. Ace Digital plans to launch a NOK 5 million Bitcoin Treasury Company Fund for professional investors by year-end 2025, focusing on long/short Bitcoin strategies with robust risk management. The fund will rely on reverse solicitation and comply with AIFMD regulations. Ace Digital is closely monitoring regulatory changes, including proposed 2026 AIFMD updates, and will maintain dialogue w...
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