French Regulator Approves ICO Funded Company To Become An Asset Manager
French financial authority, AMF has approved Napoleon to become an asset manager. Napoleon had to go through the complex approval process for a year, and lobby the importance of blockchain and crypto. The company raised nearly $13 million through an ICO early this year. Napoleon can now offer their services to institutional investors everywhere. Their AI-powered NapoleonX.ai provides investors with quantitative strategies on Bitcoin and Ethereum investment, as well as its main global stock market indices. They're now looking to launch Napoleon Index on a public blockchain next year.