CFL (Crypto Fund License)
A Crypto Fund License enables the establishment and management of investment vehicles that hold and trade digital assets on behalf of investors. It provides a regulated structure for pooling capital and offering professionally managed exposure to the cryptoasset markets.
Fund managers operating under this license must meet fitness-and-propriety standards, implement valuation and custody safeguards, and comply with investor-protection and disclosure rules. The CFL is a key license for asset managers and family offices entering the digital-asset space.
