CRYPTO COMPARISON

How we compare

Why choose NAV for cryptocurrency fund administration

NAV FUND ADMINISTRATION GROUP

OTHER CRYPTOCURRENCY ADMINS

Pricing

NAV FUND ADMINISTRATION

OTHER CRYPTO ADMINS

  • $2,500 -$4,000 per month minimum.
  • Long lockup periods.
  • Unnecessary extra fees.

Industry Recognition and Surveys

NAV FUND ADMINISTRATION

OTHER CRYPTO ADMINS

  • No major recognition in the crypto industry.

Experience with Crypto Funds

NAV FUND ADMINISTRATION

OTHER CRYPTO ADMINS

  • NAV ranks among the top cryptocurrency fund administrators and has a focused crypto experience.
  • Highly experienced with DeFi, offering fully automated solutions on both fund accounting and IT sides.
  • Less industry knowledge and staff experience.
  • Manual processes to handle DeFi transactions.

Reporting and Delivery Timelines

NAV FUND ADMINISTRATION

OTHER CRYPTO ADMINS

  • Daily reports including NAV are delivered between 7 a.m. - 8 a.m. EST.
  • Month-end reporting for 80% of our crypto funds are delivered within five days after month-end and all funds are delivered within 2-3 weeks.
  • Exchange-level reporting displaying positions by location.
  • Very limited or no daily NAV reporting.
  • Long delayed month-end reporting, including some lag times of 60-90 days.
  • No exchange-level reporting.

Institutional Appeal

NAV FUND ADMINISTRATION

OTHER CRYPTO ADMINS

  • NAV is registered with the Cayman Islands Monetary Authority (CIMA) -- using a licensed administrator subject to regulatory oversight for Caymans Islands-domiciled funds provides reassurance to institutional investors, especially foreign investors.
  • NAV is regarded positively by large institutions and has successfully undergone numerous institutional audits and site visits.
  • No other cryptocurrency fund administrator currently holds CIMA registration.
  • No reputation with large institutions.

Successful Track Record

NAV FUND ADMINISTRATION

OTHER CRYPTO ADMINS

  • NAV has retained all our cryptocurrency clients and onboarded clients from all other administrators.
  • Rapid growth via acquisitions or mergers may cause technology and staffing instability.

Client Support

NAV FUND ADMINISTRATION

OTHER CRYPTO ADMINS

  • Quick response times and higher client satisfaction.
  • Delayed client service and response time.