Portugal fund management company Fundbox partnered with European cryptocurrency investment platform Kvarn X to launch the KvarnPortugal Fund, which allocates 80% of its assets in Bitcoin and 20% in the CoinDesk 20 index. The minimum investment amount of the fund is 100,000 euros, the management fee is 0.05%, and the subscription fee is 2.5%. If investors want to obtain residency through the Portugal Golden Visa Program, they need to invest at least 500,000 euros and reside in Portugal for at least 35 days within 5 years. The subscription period for the fund will last until February 2027.(CoinDesk)
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