(BOSTON, MA) - Sarson Funds announced today the launch of Cryptocurrency ESG Strategy, LP, a cryptocurrency investment strategy designed for financial advisors to offer accredited investors exposure to environmental, social, and governance-focused cryptocurrencies. The fund is comprised of investments in cryptocurrencies that meet certain discretionary standards under one or more of the following categories: public goods, scaling and interoperability, environmentally sustainable consensus models, social impact, and financial inclusion.
“Launching an ESG-focused crypto fund makes sense given that environmental sustainability has always been a key tenet of our firm. Given that a major criticism of cryptocurrency is the energy that mining consumes and its overall environmental impact, the ESG fund seeks to address environmental concerns by allocating a significant portion to carbon neutral Bitcoin,” says CEO and Cofounder of Sarson Funds, John Sarson.
Investments in specific cryptocurrencies are analyzed based on key ESG categories:
PUBLIC GOODS
Public goods are non-excludable, non-rivalrous utilities and services that provide benefit to the public.
SCALING AND INTEROPERABILITY
This includes protocols implemented to improve the feature set of high-traffic Layer 1 networks, enabling fee reduction, energy cost/tax reduction, or higher throughput computing environments.
ENVIRONMENTALLY SUSTAINABLE CONSENSUS MODELS
These are networks that leverage Proof-of-Stake models, or similarly energy efficient consensus models. In cases of Proof-of-Work consensus, constituents will only be included on the basis of provably sustainable energy sources.
SOCIAL IMPACT
These constituents demonstrate a disintermediation of centralized bodies, which drive current or potential positive effects for people and communities.
FINANCIAL INCLUSION
These protocols seek to expand the reach of modern capital markets through permissionless and decentralized delivery of financial goods and services.
“This new fund is a direct response to ESG concerns, as it will enable investors to gain exposure to cryptocurrencies in their portfolio in a way that is aligned with their sustainability goals,” added Sarson.
More information on Cryptocurrency ESG Strategy, LP can be found here.
About Sarson Funds:
Sarson Funds is an independent provider of blockchain technology and cryptocurrency marketing and educational services. The firm serves the Financial Professional community and their clients by providing cryptocurrency and blockchain technology educational services and investment solutions. Sarson Funds maintains a Fiduciary Standard at all times, bringing Wall Street standards for research, risk management and transparency to digital asset investing. Along with our Investment Manager and Financial Advisor partners, we believe that disruptive innovation requires a disciplined approach to risk management and education.
For more information, please visit Sarson Funds online at www.sarsonfunds.com.
