# Southeast Asia's First Bitcoin Fund Launches To Meet Local Institutional Demand By Coinness Canonical URL: https://www.tokenpost.com/news/investing/7261 Published: 2021-03-09T06:05:03.000Z Updated: 2021-03-09T06:05:03.000Z Section: Investing > The Malaysia-based BCMG Genesis Bitcoin Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region. The Malaysia-based BCMG Genesis Bitcoin Fund-I, or BGBF-I, has officially launched, claiming to have become the first insured institutional crypto product available in the Southeast Asian region. An announcement states the fund launched in response to a growing demand for institutional crypto products in Southeast Asia. The fund leverages an Artificial Intelligence (AI) powered blockchain-based platform provided by Calfin Global Crypto Exchang, which purports to offer increased security for customer holdings. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)