The Best Crypto Investing App.
SupraFin provides an intelligent app with institutional-like investment algorithms in the background that assess the relative value of hundreds of cryptocurrencies and recommends the most appropriate as part of a diversified portfolio based on the client’s risk profile preferences.
The app allows any individual interested in cryptocurrencies to invest with as little as $100 but still benefit from a sophisticated investing solution. The SupraFin iOS app, launched in mid-September 2021, is available for download via the Apple App Store.
Based in Dover, Delaware, SupraFin was established by professionals with more than 15+ years of experience in cryptocurrencies, risk models, complex investment products, portfolio management, trading, quantitative analysis, and software development.
SupraFin was founded by Liliana Reasor, who spent over 20 years in big finance as an executive at JP Morgan, Morgan Stanley, Bank of America, Deutsche Bank, and Moody’s Analytics. She is a thought leader in cryptocurrencies and Fintech and has participated in more than 30 crypto/blockchain events as a speaker globally. She has an MBA from UCLA Anderson and an MS in Computational Finance from Carnegie Mellon University.
SupraFin’s additional key members include Laurent Nguyen-Ngoc, Chief Quant at SupraFin, and Bernardo Mesa Urdinola, CTO at SupraFin.
Laurent Nguyen-Ngoc is the former US Head of Quants for IHS Markit in New York and brings over 15 years of experience in risk and pricing models, structuring, and hedging. He has a Ph.D. in Stochastic Calculus & Math Finance from Pierre & Marie Curie University in France. Bernardo Mesa Urdinola is a business technology leader with over 15 years of experience in institutional asset management, quantitative finance, project management, business process improvement, machine learning techniques, systems engineering, and team leadership. He has an MS in Electrical Engineering from Purdue University and an MS in Computational Finance from Carnegie Mellon University.
SupraFin has attracted top advisors and investors from the finance industry. Joachim Sonne, the former co-Head of EMEA Technology, Media and Telecoms Investment Banking at JP Morgan, joined two years ago as a Board Advisor and investor at SupraFin. Craig Dewar, a Fintech serial entrepreneur and ex-investment banking professional from JP Morgan, among others, joined this year as Board Advisor and investor at SupraFin.
SupraFin’s unique proposition: helping individuals invest like professionals.
There are many risks to consider when it comes to investing in cryptocurrencies. Most people are familiar with market risk; risk derived from losses due to adverse market movements. However, there are other risks to consider in an investment process because of market inefficiencies. These additional risks include:
- the risk that not all cryptocurrencies will be winners,
- regulatory risks that might affect specific cryptocurrencies,
- different levels of default risk for the collateral of certain cryptocurrencies,
- fundamental changes that might make a cryptocurrency less attractive from an investment perspective, etc.
The SupraFin app helps its clients get greater exposure to higher long-term returns while minimizing risk. The investment algorithms behind the SupraFin app consider all types of risks, bring diversification, and target an investment horizon of one year or more.
The SupraFin app recommends crypto portfolios based on the client’s risk preferences.
Not all people investing in cryptocurrencies have the same risk tolerance. Hence, the SupraFin app asks a few questions to customers to figure out their cryptocurrency risk preferences. Based on that, it recommends a lower, medium, or higher risk portfolio of cryptocurrencies.
The SupraFin app constantly monitors the client’s portfolio risk.
Once clients have created a portfolio, they can check the performance of their crypto investments through the app. The app constantly monitors a client’s portfolio risk and alerts them to rebalance. They can rebalance their portfolio at a click of a button to stay within the target risk of the portfolio.
Other benefits of using the app are liquidity and transparency. Customers can withdraw their cryptocurrencies at any time, or they can liquidate their portfolios at any time. Finally, customers can see the actual cryptocurrencies in their portfolios.
The SupraFin app is easy to use and, in the background, uses tier-one crypto exchanges to do the trading.
The app shows customers a recommended portfolio, which they can modify or buy at a click of a button. So, it’s simple to use. In the background, the trading of cryptocurrencies gets done by the application programming interfaces of tier one-crypto exchanges. Currently, one of those exchanges is Gemini.
Founded in 2014 by two of the best-known names in crypto, twin brothers Cameron and Tyler Winklevoss, Gemini is a New York trust company regulated by the New York State Department of Financial Services.
Dave Abner, Global Head of Business Development, Gemini, commented on the SupraFin launch:
“We’re excited to be powering SupraFin’s vision to offer diversified crypto portfolios based on risk profile preferences. As part of our mission to empower the individual through crypto, Gemini is the leading provider of institutional solutions for those who want to offer innovative digital asset investment offerings.”
SupraFin’s investment models have had a great start.
We have been testing the app since November of 2020, and our beta users have seen their portfolio value rise by 700% during that period – outpacing the gains in Bitcoin. While past performance may not be indicative of future outcomes, the results are positive.
While we have just launched the iOS app in the US market, we plan to launch the Android version soon. iOS app users interested in using the SupraFin app can download the app via Apple App Store.