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NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, was announced as Best Fund Administrator at the inaugural Hedge Fund US Digital Assets Summit, hosted by industry publication Hedgeweek in New York City on February 24.

Selection for the recognition was based on a survey of more than 100 fund managers and other key industry participants to compile a shortlist, followed by an online poll of the entire Hedgeweek subscriber base to determine the final result.

"What makes this recognition especially gratifying is that hedge fund managers and our clients recognized our commitment to client service and expertise in the cryptocurrency space," said NAV CEO Nav Gupta. "We decided early on to develop crypto-focused technology and build a team dedicated to crypto fund administration. Those decisions at the outset of the crypto growth curve have provided us with a proven infrastructure and substantial knowledge that helps us best serve our crypto clients."

Beyond its successful track record in the crypto space, NAV offers several additional unique benefits to crypto fund managers, including detailed reporting and prompt delivery timelines, proven institutional appeal, and superior client services.

The US Digital Asset Summit was a day-long event featuring industry speakers, roundtable discussions, and networking opportunities, concluding with honors to "the most highly regarded and successful fund managers and service providers in the digital assets space based on input from within the industry itself, marking recognition and respect from among peers and counterparties," according to Hedgeweek.

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