KRISTAL.AI Launches Digital Family Office With New VCC Structure
The MAS-licensed wealth manager’s digital platform will technologically disrupt the way investors domicile and manage their wealth in Singapore.
Kristal.AI, the MAS licensed digital private wealth management platform has launched a new digital family office which allows it to efficiently address the increasingly dynamic wealth and legacy requirements of its clients. The family office solution will focus on enabling investors to recognise the importance of legacy planning, efficient structuring through consolidation of assets under appropriate holding vehicles and wealth preservation and growth.
To complement its family office solution, Kristal.AI has also launched a Singapore Variable Capital Company (VCC). The VCC presents a unique opportunity for Kristal.AI to streamline its offering to its clients, including single-family offices, wealth managers and individual investors. It also enables investors to tap into Singapore’s thriving investment ecosystem.
Kristal.AI is disrupting the way domestic and foreign investors domicile and manage their wealth – by not only democratising the family office and VCC propositions but by also delivering it digitally. The digital delivery makes it more convenient for investors to leverage the efficiency of Kristal.AI’s digital platform and enjoy a leaner cost structure.
“The number of high-net-worth individuals, specifically first-generation wealth creators, are on the rise. Many of them are seeking to tap into Asia’s booming investment landscape, of which Singapore sits at the very heart of,” said Asheesh Chanda, Founder and CEO of Kristal.AI. “With our new Digital Family Office Solution and VCC structure, we can provide investors with a more strategic and flexible way to manage their assets while connecting them to the greater regional market. As a wealth manager for the digital era, we can also give them the sort of sophistication, transparency and efficiency that only a digital-first platform can provide”.