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Investment firm Titan adds ALGO, LINK, and UNI to its portfolio

  • Titan announced that it has added ALGO, LINK, and UNI to its cryptocurrency portfolio
  • The firm believes that these 3 areas and therefore these cryptocurrencies will positively stand out from the rest
  • Titan will reduce its positions in BTC, ETH, and ADA with the new additions and exit XLM

Titan, a mobile investment platform that actively manages client funds with long-term strategies, has added ALGO, LINK, and UNI to its portfolio.

Titan believes these 3 cryptocurrencies will positively stand out

Titan manages more than $600 million in assets and serves more than 30 thousand clients. The investment firm announced that it has added ALGO, LINK, and UNI to its cryptocurrency portfolio.

Gritt Trakulhoon, the company’s crypto investment analyst, believes that these 3 areas and therefore these cryptocurrencies will positively stand out from the rest as cryptocurrencies become more prevalent. The firm will offer LINK for expansion to Oracles, UNI for decentralized finance, and ALGO for smart contract-based layers.

The investment firm will reduce some of its other positions

An earlier statement from Titan said that the “Titan crypto portfolio” will consist of 5 to 10 cryptocurrencies, including BTC, ETH, ADA, and XLM. However, the company’s latest announcement explains that the fund will reduce its positions in BTC, ETH, and ADA with the new additions and that the company will completely exit its position in XLM.

The investment team will adjust allocations and coins in the crypto portfolio monthly based on performance, the company said.

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